Paytm IPO Opens Tomorrow: 10 Key Things To Know About The Company, Issue – Moneycontrol

Before this, state-run coal mining company Coal India had the biggest IPO of more than Rs 15,000 crore in October 2010.

The minimum bid lot size has been fixed as 6 equity shares and in multiples of 6 shares thereafter.

It is the largest payments platform in India based on the number of consumers, merchants, transactions and revenue as of March 2021, according to RedSeer.

It provides consumers a wide selection of payment options on the Paytm app including Paytm payment instruments .

Unique online transacting users, transacting for services such as online banking, mobile top-ups, in-store payments etc.

With increasing smartphone penetration and internet usage, and the proliferation of digital products and services for consumers, India’s digital ecosystem is at an inflection point.

Paytm is the largest payments platform in India with a gross merchandise value of Rs 4,03,300 crore in FY21 against Rs 3,03,200 crore in FY20, having mobile payments transaction volume market share of approximately 40 percent, and wallet payments transaction market share of 65-70 percent.

The company posted consolidated loss of Rs 1,701 crore in the financial year FY21, which has been narrowing from loss of Rs 2,942.4 crore in FY20 and loss of Rs 4,230.9 crore in FY19.

Any delay in execution in any of the business segment can potentially impact the valuation negatively as best case scenario is already priced in,” the brokerage explained.

Marwadi Financial Services also highlighted two risks – if company fails to retain the consumers, attract new consumers, expand the volume of transactions from consumers, its business, revenue, profitability and growth may be harmed.

Morgan Stanley India Company, Goldman Sachs Securities, Axis Capital, ICICI Securities, JP Morgan India, Citigroup Global Markets India, and HDFC Bank are the book running lead managers to the issue.

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