One 97 Communications Limited IPO (Paytm IPO) – Review & Details

Paytm IPO

Paytm IPO is all about to start from 8th November 2021 and close on 10th November 2021.  One 97 Communications Ltd (Paytm) Incorporated in 2000, is India’s one of the best digital ecosystems for consumers as well as merchants. 

Paytm IPO

The company has a 333 million+ client base and 21 million+ registered merchants as of March 31, 2021, to whom it offers payment services, financial services, and commerce and cloud services.

The company issued the first digital mobile payment platform, “Paytm App” to offer cashless payment services to customers and now, it became India’s largest payment platform and the most valuable payments brand with a total brand value of US$6.3 billion. 

The Paytm app enables customers to do cashless transactions at stores, recharge mobile phones, money transfers, pay multiple bills, buy tickets, play games online, buy insurance, make investments, and many more.

Paytm – Competitive strengths

  • India’s one of the best digital payment service platforms.
  • Strong brand identity with a brand value of US$6.3 billion.
  • Huge customer base with 333 million total customers, 114 million annual transacting users, and 21 million registered merchants.
  • Paytm Super-app to access a wide range of digital payment services over mobile phones.

One 97 Communications Ltd (Paytm) – Issue Objective

The IPO will be utilized for the following purposes;

  • Strengthening Paytm ecosystem, including through acquisition and retention of consumers and merchants and providing them with greater access to technology and financial services – Rs  4,300 Crores
  • Investing in new business initiatives, acquisitions and strategic partnerships – Rs  2,000 Crores
  • General corporate purposes

Paytm – Company Financials

Here is the list of company financials

30-Jun-2130-Jun-2031-Mar-2131-Mar-2031-Mar-19
Total Assets94,590102,77791,513103,03187,668
Total Revenue9,4806,49431,86835,40735,797
Profit After Tax-3,819-2,844-17,010-29,424-42,309

Paytm IPO Information

Paytm IPO is all about to start from 08th November 2021 and close on 10th November 2021.

Paytm IPO – Listing Date & Details

Here is the detailed listing date & details

IPO Opening DateNov 8, 2021
IPO Closing DateNov 10, 2021
Listing AtBSE, NSE
Face ValueRs 1 per equity share
Issue TypeBook Built Issue IPO
Issue SizeEq Shares of Rs 1(aggregating up to Rs 18,300.00 Cr)
Fresh IssueEq Shares of Rs 1(aggregating up to Rs 8,300.00 Cr)
Min Order Quantity6 Shares
IPO PriceRs 2080 to Rs 2150 per equity share
Offer for SaleEq Shares of Rs 1(aggregating up to Rs 10,000.00 Cr)

Paytm IPO – Lot Size

Here is the detailed Paytm IPO lot size

ApplicationLotsSharesAmount (Cut-off)
Minimum16Rs 12,900
Maximum1590Rs 193,500

Paytm IPO Allotment Status

Here is the detailed IPO Allotment status

Basis of Allotment DateNov 15, 2021
Initiation of RefundsNov 16, 2021
Credit of Shares to Demat AccountNov 17, 2021
IPO Listing DateNov 18, 2021

Also Check: Fino Payments Bank Limited IPO – Review and Details

Paytm IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: paytm.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Company Contact Information

One 97 Communications Limited
First Floor, Devika Tower, Nehru Place,
New Delhi 110 019, India
Phone: +91 11 2628 0280
Email: compliance.officer@paytm.com
Website: http://www.paytm.com/

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