1st December 2021
  • 1st December 2021

Paytm IPO opens today; Check here for details

By Team YourCoimbatore on 8th November 2021
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An IPO is an initial public offering. In an IPO, a privately owned company lists its shares on a stock exchange, making them available for purchase by the general public. Many people think of IPOs as big money-making opportunities—high-profile companies grab headlines with huge share price gains when they go public.

Paytm’s IPO is all set to be launched on November 8, 2021, and is worth ₹ 18,300 crores, touted to be the biggest ever in India. Paytm’s an initial public offer (IPO) is all set to be launched on Monday, November 8, 2021, and is worth ₹ 18,300 crores, touted to be the biggest ever in India. Paytm IPO price has been fixed at Rs 2080 to Rs 2150. It has a market lot of 6 shares and minimum order quantity of 6 shares. The IPO will be listed at BSE and NSE. The issue size of Paytm IPO is Rs 18,300 crore.
The offer will open for investors on November 8 and it will close on November 10.

How can we get an IPO mandate on Paytm?
Open the Paytm app on your phone.
Click on Send Money to Bank A/C UPI icon.
Head over to Settings on the upright corner.
Scroll down to UPI Automatic Payments and click on that.
Here you will see the UPI mandate listed.
Click on that, check the details and verify.

If you participate and buy stocks in an IPO, you become a shareholder of the company. As a shareholder, you can enjoy profits from the sale of your shares on the stock exchange, or you can receive dividends offered by the company on the shares you hold. … IPO or Initial Public issues are open to all retail investors.

Experts are optimistic about the Paytm IPO even though the valuations appear expensive. This is because Paytm is one of the leading digital payments firms in the country and has a large customer base.
One of the reasons why experts remain optimistic about the company is due to its future potential in India.

Meena

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