Paytm, one of 97 Communications Digital Payments’ major stocks, showed a weak stock market for the first time since its stock was listed at 1,950 Rs, with a 9% discount on the National Stock Exchange (NSE) on Thursday. . At BSE, the stock traded at Rs 1,955 per share.

At 10 p.m. 01 p.m. It was trading at Rs 1,805, 16 per cent less than the price. The stock reached a minimum of 1,777 Rs per day on BSE and NSE.

Thanks to the company’s Rs 18,300-crore initial public offering (IPO), the largest in the domestic capital markets – foreign portfolio investors (FISS). The case was recorded 1.89 times, the Institutional Division 2.79 times and the Retail Investor Division 1.66 times. However, according to data, the share of the rich is only 0.24%. Since part of the problem was for sale (OFS), most brokers expected the stock to be flat.

India’s leading digital ecosystem is for consumers and businesses alike. 2020-21 In 2020-21, GMV is India’s payment platform of around Rs 4 trillion. The company offers consumers and merchants, technology-led, easy-to-use digital products and services, and simple and inclusive financial services.

India is India’s most expensive payment brand, valued at $ 6.3 billion and is the easiest way to trade. The company plans to expand its network of merchants in Indian cities and towns while strengthening its partnership with Indian merchants.

“Paytm payment services account for most of the revenue. Attempts to expand service offerings and expand market access can be challenging, which could negatively impact revenue,” said Ayush Agrawal, senior research analyst at Tradingka Investment Bank.

He added: It is also a bankruptcy company that has lost 4,231 railpel losses in FY19, which has been reduced to 1,701 Rebels in FY21. As India is moving towards digitalisation, we expect the company to reap the same benefits in the long run. Also, the acquisition and consolidation of the PAYTM ecosystem will be beneficial to the company.

Payment process fees for financial institutions and card networks may increase significantly and Paytm may not be profitable if it does not transfer these transaction fees to merchants or users. Provide some of the services in partnership with Paytm Payments Bank. “Failure to support these services by Paytm Payments Bank will negatively affect these services and may affect overall business, financial situation and operations,” HDFC Securities said in an IPO note.

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