Paytm IPO release Date, Paytm IPO Review, Price & Allotment date
The founder and CEO of Paytm, Vijay Shekhar Sharma is planning to announce the company as an Paytm IPO release date. IPO means Initial Public Offering. When a private company decides to go public, it is known to become an IPO. Now the public can also buy the shares of the paytm company. The date of Paytm IPO is not released yet. The people can stay connected with us to know more about the Paytm IPO date and price. Many other companies as well are planning to issue an IPO. To know more about IPO and Paytm IPO, continue reading the article.
Paytm ipo release date
The full form of IPO is Initial Public Offering. IPO is a process in which a private company allows the public to buy the company’s shares. By doing this, the company gets benefited. The company which offers the shares to the public is called an ‘issuer’.
Paytm ipo price
Paytm is a financial technology company founded by Vijay Shekhar Sharma. The full form of Paytm is pay through mobile. It is a company based in Noida located in Uttar Pradesh of India. It was founded by the CEO of Paytm, who had invested 2 million dollars in the company. At Present, Paytm is available in 11 different languages. Paytm offers people online mobile recharge, online payment of bills, etc.
Paytm ipo details
|Vijay Shekhar Sharma||14.67 %|
|Alibaba Group||29.71 %|
|SoftBank Vision Fund||19.63 %|
|SAIF Partners||18.56 %|
|Berkshire Hathaway||2.76 %|
Paytm IPO Date
The official date for the paytm IPO is not released yet. But the date for paytm IPO is assumed to be around 3rd week of November 2021. The date is not revealed yet.
Paytm IPO Price
The value of each share approximately is said to be around Rs. 900 to Rs. 1000. The value of Paytm IPO is approximately 3 billion dollars.
Paytm IPO GMP
The GMP for Paytm IPO as on 2nd June 2021 is believed to be Rs, 20,500 to Rs. 21,500. Earlier, the GMP was said to be Rs. 11,000 to Rs. 12,000.
Paytm IPO : How to apply for the Paytm IPO through Paytm Money
- The first step is to download and log in to the Paytm Money app and complete the digital KYC for stocks.
- Now, you have completed creating your Demat account.
- Click on the IPO option on the screen.
- A list of IPOs will appear. Here, you can choose the IPOs which are open for applicants.
- After choosing the IPO, you need to add details for bidding.
- Now, you need to enter your UPI ID. After completing this, you will get a mandate on your UPI app.
- As soon as you accept the mandate, your application for the IPO will be accepted.
The people who are interested in Paytm IPO release date and are planning to apply can ask the doubts in the comment section. We will try to answer your questions as quickly as possible.