With allotment being finalised on Monday, November 15, 2021, One97 Communications-backed Paytm shares is expected to list on November 18, 2021.
The biggest-ever initial public offer in a decade was launched between 8-10 November 2021 with an issue price of Rs 18,600 crore and a price band set between Rs 2080-2150 per share.
As India is buoyant on digitalization, the senior research analyst at Swastika Investmart expects, the company to get benefited from the same in the long run.
The payment services of Paytm account for the majority of its income.