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India’s Biggest IPO : PayTM IPO Rs.18300 Crore

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India’s Biggest IPO : PayTM IPO Rs. 18300 Crore filled with SEBI after it was passed on 12 July in the AGM.

PayTM IPO Tentative Timetable :

The PayTM IPO open date is Nov 8, 2021, and the close date is Nov 10, 2021. The issue may list on Nov 18, 2021.

IPO Open   8 Nov , 2021
IPO Close  10 Nov , 2021
Basis of Allotment Date 15 Nov , 2021
Initiation of Refunds 16 Nov , 2021
Credit of Shares to Demat  17 Nov , 2021
IPO Listing Date 18 Nov , 2021
Price Band : ₹ 2,080 – 2,150

Bid Lot Size : 6 Shares

Application Amount : ₹ 12,900
Summary of Business : 
We are India’s leading digital ecosystem for consumers and merchants, according to RedSeer. We offer payment
services, commerce and cloud services, and financial services to 333 million consumers and over 21.1 million merchants, as of March 31, 2021. Our two sided (consumer and merchant) ecosystem enables commerce, and
provides access to financial services through our financial institution partners, by leveraging technology to
improve the lives of our consumers and help our merchants grow their businesses.
Summary of Industry : 
India is a country of hundreds of millions of young and aspiring consumers who are underserve
d for payments and financial services products that serve their needs. There are millions of small businesses in India that would benefit by having increased access to affordable software, technology and financial services.
Consumers and small businesses can be served through technology led, digital first commerce, according to RedSeer. We believe that the market segments that we serve have large growth potential, due to significant under penetration, and the ability of technology to grow the market.
The key driving factors for the growth will be:
 Digital first platforms to drive accessibility and penetration within tier 2+ cities
Digital native millennials to be the power users of wealth tech apps
Growing investible surplus and falling returns on traditional asset classes
Wealth tech platforms actively investing in educational platforms and community building to reduce the
churn and drive up their total investments
Innovations such as robo advisory, community based investing to aid investors in taking investing decisions.
Increased accessibility of asset classes such as international equities, debt, etfs, digital gold etc. to serve
needs of investors and offer new avenues of investing
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