Monday, May 31, 2021

Paytm IPO Date, Review, Price, Form & Market Lot Details

Paytm IPO to be one of the biggest this year. The One 97 Communications Private Limited aka Paytm IPO to raise ₹16600 Crores via IPO as per the Paytm DRHP filed on 16 July 2021. According to MoneyControl the Paytm share price jumped 70% in grey market after IPO announcement Click Here.
 
One 97 Communications Private Limited filed DRHP for ₹16600 Crores for Paytm IPO to SEBI on 16 July 2021. The IPO comprises a fresh issue up-to ₹8300 crore and a offer for sale of existing share holders up to ₹8300 crore. Paytm IPO will be one of the biggest IPO in India. Paytm is backed by SoftBank and Alibaba with $16 billion approx. The Paytm valuations is estimated around $25-$30 billion. Zomato IPO is announced on 14 July 2021. and Paytm is planning for the listing on bourses. Stay tuned for Paytm IPO details.

Facts:
The Paytm IPO might surpass Coal India's 15000 crore IPO that was launched in 2010. Coal India IPO is still the biggest in Indian history. Paytm board gives in-principle approval for IPO Click Here.

DRHP Details:
Our Company was incorporated as “One 97 Communications Private Limited”, a private limited company under the Companies Act, 1956, at New Delhi, pursuant to a certificate of incorporation dated December 22, 2000 issued by the Assistant Registrar of Companies, National Capital Territory of Delhi and Haryana. Subsequently, the name of our Company was changed to "One 97 Communications Limited", pursuant to a fresh certificate of incorporation dated May 12, 2010 issued by the Deputy Registrar of Companies, National  Capital Territory of Delhi and Haryana, at New Delhi.  For further details  in relation to  the change  in  the registered office of our Company, see "History and Certain Corporate Matters" on page 205.

PayTM Grey Market Update:
  • Paytm share price doubles to Rs 24,000 in grey market on IPO buzz; should you buy it ahead of IPO? - Financial Express (02 June 2021)
  • Paytm shares go past ₹21,000 in grey market - Livemint (01 June 2021)
  •  Paytm's Share Price Jumps in Grey Market After News of IPO Listing: Report - News18 (02 June 2021)

PayTM IPO Update:

  • PAYTM ropes in Goldman Sachs and JP Morgan as merchant bankers for mega IPO; Morgan Stanley, Citigroup, ICICI Securities in list too - IndiaInfoLine
  • Paytm IPO: Draft Paper for Rs 16,600-Crore Filed. OFS, Opening Day, Key Details - News18
Paytm



    Paytm IPO Review

    • Adding Soon

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    Paytm IPO Date & Price Band (Tentative)

     IPO Open:  -
     IPO Close:  -
     IPO Size:  Approx ₹16600 Crores
     Face Value:  ₹1 Per Equity Share
     Price Band:  ₹ to ₹ Per Share
     Listing on:  BSE & NSE
     Retail Portion:  -%
     Equity:  - Shares

    Paytm IPO Market Lot

    The Paytm IPO minimum market lot is - shares with ₹- application amount. The retail investors can apply up-to - lots with - shares or ₹- amount.
     
     Minimum Lot Size:  Minimum - Shares
     Minimum Amount:  ₹-
     Maximum Lot Size:  Maximum - Shares
     Maximum Amount:  ₹-

    Paytm IPO Allotment & Listing

    The Paytm IPO date is (Adding Soon) and the close date is (Adding Soon). The allotment will be finalized on (Adding Soon) and the IPO may list on (Adding Soon).
     
     Basis of Allotment:  -
     Refunds:  -
     Credit to Demat Account:  -
     Listing Date:  -

    Paytm IPO Form

    How to apply the Paytm IPO? You can apply Paytm IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Paytm IPO in the Invest section. The other option you can apply Paytm IPO via IPO forms download via NSE and BSE. Check out the Paytm forms - click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.


    Paytm Company Financial Report

    The company reported net loss of ₹2833 crores according to ETTech. The revenue stood at ₹3350 crores while expenditure is reported ₹5861 crores.
     
    Paytm-1

      ₹ in Crores

    Revenue Expense PAT
    2018 ₹- ₹- ₹-
    2019 ₹- ₹- ₹-
    2020 ₹- ₹- ₹-
    2021
    ₹- ₹- ₹-

    Company Promoters

    • The Company is a Professionally Managed Company PROFESSIONALLY MANAGED COMPANY AND DOES NOT HAVE AN IDENTIFIABLE PROMOTER

    About Paytm

    Paytm is India's leading financial services company that offers full-stack payments & financial solutions to consumers, offline merchants and online platforms. The company is on a mission to bring half a billion Indians into the mainstream economy through payments, commerce, banking, investments, and financial services. One97 Communications Limited that owns the brand Paytm is founded by Vijay Shekhar Sharma and is headquartered in Noida, Uttar Pradesh. Its investors include Softbank, Ant Financial, AGH Holdings, SAIF Partners, Berkshire Hathaway, T Rowe Price, and Discovery Capital.

    Vijay Shekhar Sharma, Founder & CEO of Paytm and One97 Communications Limited together own Paytm Payments Bank, country's largest digital bank with over 58 million account holders. Working on its mission to bring un-served & under-served Indians under the formal banking system, it has made banking accessible & convenient to people across the country through innovative use of technology.

    It's wholly-owned subsidiary 'Paytm Money' has achieved the distinction of becoming India's biggest investment platform within its first year, and is now one of the largest contributors of new Systematic Investment Plans (SIPs) to the Mutual Funds industry; it has already received approvals to launch Stock Broking, Demat Services and National Pension System (NPS) services, and strives to continue to broaden the financial services and wealth management opportunities to the unbanked and underserved Indians.

    Paytm First Games, which is another group company (a joint venture between One97 Communications Ltd and AG Tech Holdings), has quickly become India’s go-to gaming and stay-at-home entertainment option for millions of users across the country. The platform caters to all types of gamers with an exhaustive array of games for amateurs as well as esports for gaming pros.

    Paytm Insurance is a wholly-owned subsidiary of One97 Communications Ltd (OCL) and has secured a brokerage license from IRDAI. It offers insurance products to millions of Indian consumers across four categories including two-wheeler, four-wheeler, health and life. The company aims to simplify insurance and create a seamless, easy to understand online journey for its customers.

    Quick Links

    DRHP Draft Prospectus
    RHP Draft Prospectus

    INITIAL PUBLIC OFFERING OF UP TO [●] EQUITY SHARES OF FACE VALUE OF ₹ 1 EACH ("EQUITY SHARES") OF ONE 97 COMMUNICATIONS LIMITED (THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF ₹ [●] PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF ₹ [●] PER EQUITY SHARE) (THE "OFFER PRICE") AGGREGATING UP TO ₹ 166,000 MILLION, COMPRISING A FRESH ISSUE OF UP TO [●] EQUITY SHARES AGGREGATING TO ₹83,000 MILLION (THE "FRESH ISSUE") AND AN OFFER FOR SALE OF UP TO [●] EQUITY SHARES AGGREGATING UP TO ₹ 83,000 MILLION, COMPRISING UP TO [●] EQUITY SHARES AGGREGATING TO ₹ [●] MILLION BY MR. VIJAY SHEKHAR SHARMA (THE "FOUNDER SELLING SHAREHOLDER"), UP TO [●] EQUITY SHARES AGGREGATING UP TO ₹ [●] MILLION BY ANTFIN (NETHERLANDS) HOLDING B.V., UP TO [●] EQUITY SHARES AGGREGATING UP TO ₹[●] MILLION BY ALIBABA.COM SINGAPORE E-COMMERCE PRIVATE LIMITED, UP TO [●] EQUITY SHARES AGGREGATING UP TO ₹ [●] MILLION BY ELEVATION CAPITAL V FII HOLDINGS LIMITED, UP TO [●] EQUITY SHARES AGGREGATING UP TO ₹ [●] MILLION BY ELEVATION CAPITAL V LIMITED, UP TO [●] EQUITY SHARES AGGREGATING UP TO ₹ [●] MILLION BY SAIF III MAURITIUS COMPANY LIMITED, UP TO [●] EQUITY SHARES AGGREGATING UP TO ₹ [●] MILLION BY SAIF PARTNERS INDIA IV LIMITED, UP TO [●] EQUITY SHARES AGGREGATING UP TO ₹ [●] MILLION BY SVF PANTHER (CAYMAN) LIMITED AND UP TO [●] EQUITY SHARES AGGREGATING UP TO ₹ [●] MILLION BY BH INTERNATIONAL HOLDINGS, (THE "INVESTOR SELLING SHAREHOLDERS") AND UP TO [●] EQUITY SHARES AGGREGATING UP TO ₹ [●] MILLION BY THE PERSONS LISTED IN THIS DRAFT RED HERRING PROSPECTUS (THE "OTHER SELLING SHAREHOLDERS", AS DEFINED BELOW) (THE FOUNDER SELLING SHAREHOLDER, THE INVESTOR SELLING SHAREHOLDERS AND THE OTHER SELLING SHAREHOLDERS, COLLECTIVELY, THE "SELLING SHAREHOLDERS", AND SUCH EQUITY SHARES OFFERED BY THE SELLING SHAREHOLDERS, THE "OFFERED SHARES") (SUCH OFFER FOR SALE BY THE SELLING SHAREHOLDERS, THE "OFFER FOR SALE" AND TOGETHER WITH THE FRESH ISSUE, "THE OFFER"). THIS OFFER INCLUDES A RESERVATION OF UP TO [●] EQUITY SHARES AGGREGATING UP TO ₹ [●] MILLION (CONSTITUTING UP TO [●]% OF THE POST-OFFER PAID-UP EQUITY SHARE CAPITAL OF OUR COMPANY) FOR SUBSCRIPTION BY ELIGIBLE EMPLOYEES (THE "EMPLOYEE RESERVATION PORTION"). THE OFFER LESS THE EMPLOYEE RESERVATION PORTION IS HEREINAFTER REFERRED TO AS THE "NET OFFER". THE OFFER AND THE NET OFFER SHALL CONSTITUTE [●]% AND [●]%, RESPECTIVELY, OF THE POST-OFFER PAID-UP EQUITY SHARE CAPITAL OF OUR COMPANY. OUR COMPANY AND THE INVESTOR SELLING SHAREHOLDERS, IN CONSULTATION WITH JOINT GLOBAL CO-ORDINATORS AND BOOK RUNNING LEAD MANAGERS ("JGC-BRLMs") AND THE BOOK RUNNING LEAD MANAGERS ("BRLMs"), MAY OFFER A DISCOUNT OF UP TO [●]% OF THE OFFER PRICE TO ELIGIBLE EMPLOYEES BIDDING IN THE EMPLOYEE RESERVATION PORTION ("EMPLOYEE DISCOUNT"). OUR COMPANY, IN CONSULTATION WITH THE JGC-BRLMS AND THE BRLMs, MAY CONSIDER A FURTHER ISSUE OF EQUITY SHARES, INCLUDING BY WAY OF A PRIVATE PLACEMENT OF EQUITY SHARES AGGREGATING UP TO ₹ 20,000 MILLION, AT ITS DISCRETION, PRIOR TO THE FILING OF THE RED HERRING PROSPECTUS WITH THE REGISTRAR OF COMPANIES, NATIONAL CAPITAL TERRITORY OF DELHI AND HARYANA, AT NEW DELHI ("PREIPO PLACEMENT"). IF THE PRE-IPO PLACEMENT IS COMPLETED, THE FRESH ISSUE SIZE WILL BE REDUCED TO THE EXTENT OF SUCH PRE-IPO PLACEMENT, SUBJECT TO THE OFFER COMPLYING WITH RULE 19(2)(B) OF THE SCRR.

    (i) THE PRICE BAND WILL BE DECIDED BY OUR COMPANY AND THE INVESTOR SELLING SHAREHOLDERS, IN CONSULTATION WITH THE JGC-BRLMs AND THE BRLMs, AND (ii) ANY EMPLOYEE DISCOUNT AND THE MINIMUM BID LOT WILL BE DECIDED BY OUR COMPANY AND THE INVESTOR SELLING SHAREHOLDERS, IN CONSULTATION WITH THE JGC-BRLMs AND THE BRLMs, AND WILL BE ADVERTISED IN [●] EDITIONS OF THE [●] (A WIDELY CIRCULATED ENGLISH NATIONAL DAILY NEWSPAPER) AND [●] EDITIONS OF [●] (A WIDELY CIRCULATED HINDI NATIONAL DAILY NEWSPAPER, HINDI ALSO BEING THE REGIONAL LANGUAGE OF NEW DELHI, WHERE OUR REGISTERED OFFICE IS LOCATED) AT LEAST TWO WORKING DAYS PRIOR TO THE BID/OFFER OPENING DATE AND SHALL BE MADE AVAILABLE TO THE BSE LIMITED ("BSE") AND THE NATIONAL STOCK EXCHANGE OF INDIA LIMITED ("NSE" AND TOGETHER WITH BSE, THE "STOCK EXCHANGES") FOR UPLOADING ON THEIR RESPECTIVE WEBSITES.

    Paytm IPO Registrar

    Link Intime India Private Limited  
    C-101, 247 Park, L.B.S. Marg, Vikhroli (West) Mumbai
    400 083, Maharashtra
    Tel: +91 022 4918 6200
    E-mail: paytm.ipo@linkintime.co.in
    Investor Grievance E- mail:
    paytm.ipo@linkintime.co.in
    Website: www.linkintime.co.in
    Contact Person: Shanti Gopalkrishnan
    SEBI Registration No.: INR00000405
    Note: Check Paytm IPO allotment status on Linkintime website allotment URL. Click Here

    Paytm IPO Lead Managers

    • Morgan Stanley India Company Private Limited
    • Goldman Sachs (India) Securities Private Limited
    • Axis Capital Limited
    • ICICI Securities Limited
    • J.P. Morgan India Private Limited
    • Citigroup Global Markets India Private Limited
    • HDFC Bank Limited

    Company Address

    ONE 97 COMMUNICATIONS LIMITED
    Registered Office:
    First Floor, Devika Tower,
    Nehru Place, New Delhi 110 019
    Tel: +91 11 2628 0280
    Website: www.paytm.com
    Corporate Office:
    B-121, Sector 5, Noida
    Uttar Pradesh 201 301
    Contact Person: Mr. Amit Khera
    Company Secretary and Compliance Officer
    Tel: +91 120 4770770
    E-mail: compliance.officer@paytm.com

    Paytm IPO FAQs


    What is Paytm IPO?

    Paytm IPO is a main-board IPO. They are going to raise ₹16600 Crores via IPO. The issue is priced at - to - per equity share. The IPO to be listed on BSE & NSE.

    When Paytm IPO will open?

    The IPO is to open on (not announced yet) for QIB, NII, and Retail Investors.

    What is Paytm IPO Investors Portion?

    The investors' portion for QIB -%, NII %, and Retail -%.

    How to Apply the Paytm IPO?

    You can apply Paytm IPO via ASBA online via your bank account. You can also apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

    How to Apply the Paytm IPO through Zerodha?

    Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name "Paytm". Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

    What is Paytm IPO Size?

    Paytm IPO size is ₹16600 crores.

    What is Paytm IPO Price Band?

    Paytm IPO Price Band is ₹- to ₹-.

    What is Paytm IPO Minimum and Maximum Lot Size?

    The minimum bid is - Shares with ₹- amount while maximum bid is - shares with ₹-.

    What is Paytm IPO Allotment Date?

    Paytm IPO allotment date is not announced yet.

    What is Paytm IPO Listing Date?

    Paytm IPO listing date is not announced yet. The IPO to list on BSE and NSE.

    Note: The Paytm IPO price band and date will be added as it will be officially announced. The IPO grey market premium (Paytm IPO Premium) will be added on the IPO grey market page as it will start)

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