India’s well-known payment gateway company Paytm is likely to launch its IPO in 2021. If you are used to online payment then you absolutely know about Paytm and it doesn’t need any introduction. Its popularity worldwide says everything about it. Here is the Paytm IPO Date & Price along with details including allotment, listing, grey market price and many more things. So, get hungry to know each and every detail to know about this Upcoming IPO 2021. In this article, you can find out how to buy IPO through Zerodha, Upstox, and 5paisa. Read Also: Delhivery IPO Date Price & Subscription
Officially Payment company Paytm is owned by One97 Communications India Limited. It was set up in the year 2010 by Vijay Shekhar Sharma who is the Chief Executive (CEO) of Paytm. The company has a valuation of $16 billion in year 2020. Now Paytm has planning to raise $3 billion through this Initial Public Offer (IPO).
Paytm IPO Date
Paytm Initial Public Offer Date is not confirmed but sources saying the company will issue this IPO by the end of this year 2021. If there is any change in dates we will notify you regarding this. So stay connected with businesspatrika.com
According to the details, the Issue size will be $3 billion and Paytm will offer a huge number of shares as well. All the readers will be notified when the details revealed by the company.
The share price will be between Rs 250 to Rs 300 (as per expectations). Although the official IPO price is yet to be released by board members.
Currently, the grey market price (GMP) is Rs 18,500 and previously it was Rs 11,000. But after the announcement of Paytm IPO, it has immediately surged within few hours.
You can buy Paytm IPO through any Sebi registered sharebroker. Currently, their many discount brokers also available like No. 1 broker Zerodha, and remaining like Upstox, 5paisa. Even Paytm also a sharebroker and you can buy IPO via your Paytm account also. So, don’t worry about buying this great opportunity and we strongly recommend you don’t miss this chance where you have a brilliant opportunity to earn the highest return on your investment.