As we know Paytm is a leading online payment service firm that provides various payment options to its customers and merchants. Also, the company is now turning to Paytm IPO which will raise fresh shares up to 16000 crores in the IPO and will go to the Indian Exchange. Very soon Paytm IPO listing will become official that you will be able to view it online.
The Noida-based company will start this IPO service online very soon. So we are requesting you to get a complete update on the leading Paytm IPO service and check the details available below. All the major updates are provided here to know in-depth about Paytm IPO.
Paytm IPO Date 2021
As per the report submitted in March 2021, 333 million consumers are using this Paytm online payment service, along with 21 million merchants are also registering for the service. Paytm is providing services on financial, commercial, and online payments to all its consumers and merchants.
So now the company is switching to IPO where you can submit a pre-open order of Paytm IPO online on the platform. Very soon Paytm will start IPO on the platform which will start in the month of September 2021. You will soon be able to see the Paytm IPO page on the Paytm App where the IPO service can be used to pre-order online.
You may also be able to modify or cancel the Pre IPO order on Paytm whenever the service is launched by the company for its consumers and merchants. All different categories like industrial, financial, institutional buyers, investors in real estate, and other employees can avail of this service by converting it into an IPO.
Here we are sharing some important aspects of this Paytm IPO service and providing Paytm IPO Dates and Paytm GMP Price List to all the consumers and merchants who want to know. After hearing the update that Paytm is going to invest its share in the IPO, then everyone wants to know what are the Paytm IPO dates for FY 2021. Here below we have arranged for you Paytm Gray Market Premium Price List and updated it in the below section.
Paytm IPO GMP Review – Highlights
|Type of Issue||Book Built Issue IPO|
|IPO Opening Date||September 2021 (Expected)|
|IPO Price||Update Soon|
|IPO Closing Date||September – October 2021 (Expected)|
|Min Order Qty.||will be soon|
|Face Value||₹1 per equity share|
|Issue Size||[-] Eq. Shares of ₹1|
(up to ₹16,600.00 Cr.)
|Market Lot||Not Available|
|Listing At||BSE, NSE|
|Offer for Sale||[-] Eq. Shares of ₹1|
(up to ₹8,300.00 Cr.)
|Fresh Issue||[-] Eq. Shares of ₹1|
(up to ₹8,300.00 Cr)
Paytm IPO 2021 GMP Listing & Share Price Band Details
According to the latest report, the Paytm parent entity has shared its 38% stake in Paytm IPO One97 Communications to Alibaba and Ant Group of companies, and also Elevation Capital holds about 17.65% stake and is also owned by SoftBank 18.37% stake in Paytm.
According to Varun Sridhar, CEO of Paytm, the IPO market is witnessing a boom a few months back. Hence now Paytm is planning to offer direct IPO to all its consumers and merchants through the authorized UPI payments bank to invest in the market.
Paytm IPO will start in September 2021 and from there investors will be able to access Paytm IPO when it is online on the portal. This is an advantage for all those investors who want to do so but are unable to do so due to some reason.
So now Paytm will provide a platform to all investors to invest in IPO and the live stream will start from 9 AM to 3 PM. It is also necessary that all investors should read the rules and regulations before performing this Paytm IPO service online.
Paytm IPO One97 Communications FAQs
Paytm IPO is One97 Communication Pvt. Ltd with a stake of Rs 16600 crores. Out of them around 12000 crores is holding Element stake and about 4600 crores have fresh shares which are being raised from other parts of Paytm.
Now the company is planning to launch Paytm IPO to provide a platform to all its consumers and traders to invest in the stock market. Now this service will open in September 2021.
This is an online platform, their investor should be live when the opening takes place. The live session of Paytm IPO will be held from 9 am to 3 pm. The time will also be extended if the number of applications received is more.
Following are the IPOs coming in September 2021:
Star Health and Allied Insurance Corporation Ltd. with Rs 3000 crore
Penna Cement with Rs 1800 crore
Arohan Financial with Rs 1550 crore
Utkarsh Small Finance Bank with Rs 1350 crore.