Friday, November 05, 2021

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

Paytm IPO to hit the market November 08 and will close on November 10. The One 97 Communications Private Limited aka Paytm IPO to raise ₹18300 Crores via IPO that will be one of the biggest IPOs of all time surpasses the Coal India IPO in way back 2010. The PayTM IPO to get ready to be launched on this Diwali with the IPO size increased from ₹16600 crores to ₹18300 crores.
 
One 97 Communications Private Limited got the approval from SEBI and the PayTM IPO date is fixed November 08. The company to raise ₹18300 crores via IPO that comprises a fresh issue up-to ₹8300 crores and a offer for sale of existing share holders up to ₹10000 crores. One 97 Communications is a parent company of Paytm. The company was founded by Vijay Shekhar Sharma in 2000 and become one of the leading digital ecosystem for merchants and the consumers. The company launched "PayTM App" in 2009 that was the first digital mobile payment platform for cashless payment services. The company is one-stop payments service provider via e-wallets, UPI platform, postpaid, credit cards, POS - point of sale terminals, and all in one QR codes. Check out Paytm IPO details here.
 
Important Details:
  • In the IPO 50% OFS is by Ant Financials.
  • Remaining OFS is by Alibaba, Elevation Capital, SoftBank and other existing share holders.
  • Client base of over 333 millions and over 21 millions registered merchants as on March 2021.
  • India's largest payment platform with one of the most valuable brand in India.
  • The PayTM Valuations is around US$6.3 billion as per Kantar BrandZ India 2020 Report.
  • Paytm raises ₹8235 crores from 122 Anchor Investors

Paytm Grey Market Update (Earlier at the IPO Announcement Time):
  • 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



    Paytm IPO Review

    • Must Apply

    Brokerage Firm IPO Reviews

    • Axis Bank: Neutral

    Paytm IPO Date & Price Band

     IPO Open:  08 November 2021
     IPO Close:  10 November 2021
     IPO Size:  Approx ₹18300 Crores
     Fresh Issue:  Approx ₹8300 Crores
     Offer for Sale:  Approx ₹10000 Crores
     Face Value:  ₹1 Per Equity Share
     Price Band:  ₹2080 to ₹2150 Per Equity Share
     Listing on:  BSE & NSE
     Retail Quota:  10%
     QIB Quota:  75%
     NII Quota:  15%
     DRHP Draft Prospectus:  Click Here
     RHP Draft Prospectus:  Click Here

    Paytm AMC IPO Market Lot (Final)

    The Paytm IPO minimum market lot is 6 shares with ₹12,900 application amount. The retail investors can apply up-to 15 lots, 90 shares with ₹193,500 application amount.
     Minimum Lot Size:  Minimum 6 Shares for 1 lot
     Minimum Amount:  ₹12,900 for 1 lot
     Maximum Lot Size:  Maximum 90 Shares for 15 lot
     Maximum Amount:  ₹193,500 for 15 lot

    Paytm IPO Date, Time Table, Allotment & Listing

    The Paytm IPO date is 08 November 2021 and the IPO close date is 10 November 2021. The allotment date is 15 November 2021 and the IPO may list on 18 November 2021.
     Price Band Announcement:  27 October 2021
     Anchor Investors Allotment:  03 November 2021
     IPO Open Date:  08 November 2021
     IPO Close Date:  10 November 2021
     Basis of Allotment:  15 November 2021
     Refunds:  16 November 2021
     Credit to Demat Account:  17 November 2021
     IPO Listing Date:  18 November 2021

    Paytm Share Cost of Acquisition as per RHP

    paytm-share-cost-of-acquisition

    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
    2019 ₹3580 ₹7744 -₹4236
    2020 ₹3541 ₹6138 -₹2942
    2021
    ₹3187 ₹4783 -₹1704

    Company Promoters

    • The company is a 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.

    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 ₹18300 Crores via IPO. The issue is priced at ₹2080 to ₹2150 per equity share. The IPO to be listed on BSE & NSE.

    When Paytm IPO will open?

    The IPO is to open on 08 November 2021 for QIB, NII, and Retail Investors.

    What is Paytm IPO Investors Portion?

    The investors' portion for QIB 75%, NII 15%, and Retail 10%.

    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 or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name "One 97 Communications". 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. Open Demat Account with Zerodha.

    How to Apply the Paytm IPO through Upstox?

    Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name "One 97 Communications". Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve - mandate. Open Demat Account with Upstox.

    What is Paytm IPO Size?

    Paytm IPO size is ₹18300 crores. The IPO comprises ₹8300 crores of fresh issue and offer for sale of ₹10000 crores.

    What is Paytm IPO Price Band?

    Paytm IPO Price Band is ₹2080 to ₹2150 per equity share.

    What is Paytm IPO Minimum and Maximum Lot Size?

    The minimum bid is 6 shares with ₹12,900 amount while maximum bid is 90 shares with ₹193,500.

    What is Paytm IPO Allotment Date?

    Paytm IPO allotment date is 15 November 2021.

    What is Paytm IPO Listing Date?

    Paytm IPO listing date is 18 November 2021. The IPO to list on BSE and NSE.

    Note: The Paytm IPO details officially announced. The IPO grey market premium (Paytm IPO Premium) is added on the IPO grey market page.