Paytm IPO

Open Date 8th Nov, 2021
Close Date 10th Nov, 2021
Price Band Rs. 2,080 to Rs. 2,150 per share
Lot Size 6 Equity shares
Investment Per Lot Rs. 12,900
Listing at NSE and BSE
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Paytm IPO

Paytm IPO Details

Vijay Shekhar Sharma’s vision has propelled One 97 communications Ltd into India’s leading digital payments ecosystem. Paytm was launched in 2009, and is India’s largest digital payments platform for both consumers and merchants. One 97 communications Ltd, has the unique distinction of being the first company of India to have Berkshire Hathaway as investors, the legendary investment company founded by the equally legendary Warren Buffett.

Strengths

  • 333 million+ users and 21 million+ registered merchants
  • India’s leading digital payments ecosystem with Paytm being the largest payments platform
  • Most valuable payments brand with a estimated valuation of US$6.3 billion

Growth Strategy

  • Rs. 2000 crore for acquisitions and strategic partnerships
  • Acquire new customers and merchants
  • Greater access to technology and more product offerings

Expectations

  • Plans to raise upto Rs. 18,300 crore with a post IPO valuation of $19.3-19.9 billion
  • Includes fresh issue of Rs.8,300 crore and OFS of Rs. 10,000 crore

Paytm IPO Dates

Open Date 8th Nov, 2021
Close Date 10th Nov, 2021
Allotment Date 15th Nov, 2021
Initiation of Refunds 16th Nov, 2021
Credit of Shares to Demat Account 17th Nov, 2021
Listing Date 18th Nov, 2021

Paytm IPO Price

IPO Price Band Rs. 2,080 to Rs. 2,150 per share
Minimum Investment Amount Rs. 12,900
Maximum Investment Amount Rs. 1,93,500
Face Value Rs.1 per equity share

Paytm IPO Lot Size

Minimum Lot Size 1 (6 shares)
Maximum Lot Size 15 (90 shares)

Paytm IPO Subscription Breakup

QIBs NA
Non-Institutional Investors NA
Retail Individual Investors NA

Online Procedure to Apply For Paytm IPO

  1. Go to the IPO Section => IPO Listing => Open IPO.
  2. On tapping Paytm IPO, you can directly click on Subscribe to apply or even view the IPO details.
  3. On the Subscribe Screen/Page, you will be required to enter the number of lots, cut-off price, UPI ID and tap Verify.
  4. Once you select ‘Subscribe’. Your bid will be executed.
  5. You can check the status of your IPO bid in the IPO Transactions section.
Click here to read the entire procedure to apply for the IPO
Apply for the Paytm with Jiffy

Paytm IPO FAQs

Yes, IPO application for Retail Investors is up to 2 Lakhs.
You will have to opt for the ASBA – Application Supported by Blocked Amount facility. Please get in touch with your bank for the same, do check if your bank is in the list of Banks here:
No. Applications made by retail investors using third party UPI ID or by any category of investors using a third party bank account are liable for rejection.
Yes, before the issue closure date. You can do it through Jiffy itself. The blocked amount will be available in 1 working day.
You can check the status of your IPO application via this BSE link https://www.bseindia.com/investors/appli_check.aspx just fill in a few details and the status will be shown.

Desclaimer : Investment in securities market are subject to market risks, read all the related documents carefully before investing.