Paytm lists with 9% discount on the BSE

18 Nov 2021 Evaluate

One 97 Communications (Paytm) has debuted at Rs 1,955.00 on the BSE, down by 195 points or 9.07% from its issue price of Rs 2,150.00.

The scrip is currently trading at Rs 1811.80, down by 338.20 points or 15.73% from its issue price. It has touched a high and low of Rs 1961.05 and Rs 1777.50 respectively. So far 2.66 lakh shares were traded on the counter.

The Rs 18,300-crore public issue of One97 Communications, the largest ever in Indian capital market history, was subscribed 1.89 times due to lower-than-expected response in the qualified institutional buyer and high net-worth individual (HNI) categories. The portion set aside for qualified institutional investors was subscribed 2.79 times and that of non-institutional investors saw 24 percent subscription, while the retail investors' portion was booked 1.66 times.

The offering was open for subscription between November 08, 2021 and November 10, 2021. The issue price was fixed at Rs 2150 per share i.e. at upper end of price band of Rs 2080-2150 apiece.

One 97 Communications (Paytm) is India's leading digital ecosystem for consumers as well as merchants.

One97 Communications Share Price

972.40 27.15 (2.87%)
23-Dec-2024 10:01 View Price Chart
Peers
Company Name CMP
One97 Communications 972.40
Infibeam Avenues 25.63
One Mobikwik Systems 498.85
Zaggle Prepaid Ocean 530.00
PB Fintech 2091.00
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