Investors lost nearly Rs 4,570 crore as Paytm shares tumbled 27% against its issue price post listing. Is there more downside to this fall? Can Paytm shares swing to profit? Let's find out
Will Zomato's diversification deliver unicorns? How does 10Club's Bhavna Suresh plan to scale up businesses? Can Paytm surprise us after market debut? What are FDs and RDs? All answers here
Worst day 1 show among large IPOs
The slump is 'no indicator of the value of our company,' says Vijay Shekhar Sharma.
Given the offer's aggressive pricing and the fact that One97 Communications, the parent company of Paytm, still remains a loss-making entity, most analysts had expected a sub-par listing
Paytm has pushed up numbers with its record fund-raising
In a Q&A, Madhur Deora says the company needs to communicate better and shares his key learnings
Paytm's 27% drop is the worst Day-1 performance among 50-odd IPOs listed this year
Paytm tumbles 27% after weak debut, analysts suggest exiting the stock; Sapphire Foods lists at a 14% premium
Business Standard brings you the top stories on Thursday
The broader markets ended with deeper cuts, the BSE Midcap and Smallcap indices were down 1.5 per cent each
At 10:01 am; Paytm was trading at Rs 1,805, 16% lower against its issue price of Rs 2,150
Paytm and Sapphire Foods (owner of KFC) will make their debut on the stocks exchanges today
The country needs 100 million jobs in the formal sector in the next ten years to take advantage of its demographic dividend, industry says. More on that in our morning briefing.
'My dream is to take the Paytm flag to San Francisco, New York, London,' says businessman estimated to be worth $2.4 billion.
The institutional investor portion of the IPO was subscribed 2.8 times but nearly 80% of the bids came from overseas investors
A rallying stock market helped spur multiple technology unicorns to list in India this since January, with proceeds raised in new-share sales at over $12 billion, already a record for a full-year.
Paytm is likely to allocate shares at the upper price band of Rs 2,150 apiece on November 16 after SEBI's approval that is expected to come on Monday
The success of the IPO is seen as a precursor for more big-ticket public floats to come in the next year
IPO receives bids worth Rs 1.1 trn, nearly 6x more than Paytm