The trading debut of Paytm isn’t expected to be as much of a hit like its startup peers Nykaa and Zomato.
If that happens, we need to see if large investors come forward to buy the stock.
If one gets an allotment, we do not advise holding the stock and it’s better to exit post listing,” said Geetanjali Kedia, senior research analyst, SP Tulsian Investment Advisers.
It’s better to hold the stock if one gets an allotment for a quarter or two for further clarity,” said Arun Kejriwal, Founder, Kejriwal Research and Investment Services.
On the post-issue basis, the company is going to list at a market cap to sales ratio of 44.4 times.
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