Paytm IPO GMP : PayTM Share, Stock Price, GMP, Review, Details

Paytm IPO GMP : PayTM Share, Stock Price, GMP, Review, Details

Paytm is India’s leading digital ecosystem for consumers and merchants, according to RedSeer. It offers payment services, commerce and cloud services, and financial services to 337 million consumers and over 21.8 million merchants registered with it, as of June 30, 2021.

Paytm was launched in 2009, as a “mobile-first” digital payments platform to enable cashless payments for Indians, giving them the power to make payments from their mobile phones. Starting with bill payments and mobile top-ups as the first use cases, and Paytm Wallet as the first Paytm Payment Instrument, the company has built the largest payments platform in India based on the number of consumers, number of merchants, number of transactions and revenue as of March 31, 2021 according to RedSeer.

As per the Kantar BrandZ India 2020 Report, the “Paytm” brand is India’s most valuable payments brand, with a brand value of US$ 6.3 billion, and Paytm remains the easiest way to transact across multiple methods.

One97 Communications Ltd

Initial public offering of up to [*] equity shares of face value of Rs. 1 each (equity shares) of One 97 Communications Limited (the Company or the Issuer) for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) (the Offer Price) aggregating up to Rs. 18300.00 crores, comprising a fresh issue of up to [*] equity shares aggregating to Rs. 8300.00 mcrores(the Fresh Issue) and an offer for sale of up to [*] equity shares aggregating up to Rs. 10000.00 crores, comprising up to [*] equity shares aggregating to Rs. 402.65 crores by Mr. Vijay Shekhar Sharma (the Founder Selling Shareholder), up to [*] equity shares aggregating up to Rs. 4704.43 crores by Aantfin (Netherlands) Holding B.V., up to [*] equity shares aggregating up to Rs. 784.82 crores by Alibaba.com Singapore E-Commerce Private Limited, up to [*] equity shares aggregating up to Rs. 75.02 crores.

Elevation Capital V FII Holdings Limited, up to [*] equity shares aggregating up to Rs. 64.01 crores by Elevation Capital V Limited, up to [*] equity shares aggregating up to Rs. 1327.65 crores by Saif III Mauritius Company Limited, up to [*] equity shares aggregating up to Rs. 563.63 crores by Saif Partners India IV Limited, up to [*] equity shares aggregating up to Rs. 1689.03 crores

Paytm, MakeMyTrip, and Infosys have offered to assist India with COVID vaccine reservations.

SVF Panther (Cayman) Limited and up to [*] equity shares aggregating up to Rs. 301.77 crores by BH International Holdings, (the Investor elling Shareholders) and up to [*] equity shares aggregating up to Rs. 86.98 crores by (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).

The offer shall constitute [*]%of the post-offer paid-up equity share capital of the company.

The Price Band of Rs. 2080 to Rs. 2150 per equity share of the face value of Rs. 1/- each.

The floor price is 2080 times of the face value of the equity shares.

Price Range : Rs.2080 – 2150

Minimum Investment : Rs.12480

Minimum Quantity: 6