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Brief
Paytm Stock: Worth No More Than Rs. 900? Valuation May Tank To $8.5 Billion
When Paytm announced its plan to go public, almost everyone was confident about the success of Paytm IPO, which also happened to be the biggest one in the history of India. However, things didn't go as per plan and...
Brief
Paytm Q2 FY22 Results: Revenue Up By 64% YoY, But Increasing Losses A Worrisome Sign
Paytm Q2 financial results are out! The fintech company announced its quarterly results for the 3-month period that ended 30 September 2021 on the weekend. Largely known for digital payments, Paytm losses increased to Rs 473.5 crore in the second...
Brief
Is The Worst Over For Paytm? Valuation Tanks Below $12 Billion
Dazeinfo -
On November 8, when Vijay Shekhar Sharma, CEO - One97 Communications Ltd, the parent of Paytm, claimed that at nearly $20 billion the valuation of Paytm is "rational and fair", little did he know that worst is about to...
Brief
Paytm Share Worth Rs 1,200 Only? $6 Billion Down The Drain On The First Day!
Dazeinfo -
From the debut of India's largest-ever IPO to hitting the lowest circuit in the stock market on the first day of trading Paytm (One97 Communications Ltd) has had a hell of a ride. The poster boy for digital payments...
Brief
Paytm Stock Fall: Writing Was On The Wall
Early this week when we painted a not-so-promising picture of Paytm IPO, many criticized us, made a mockery, and a few gave us some weird advice - stay away from analysis. Today, after Paytm shares got listed it's proven,...
Brief
The Lukewarm Response To Paytm IPO Could Change Dynamics For IPO-Bound Startups
In March 2021, when SEBI decided to ease the norms of public listing for startups the reaction from the entrepreneurs' community was overwhelming. The immediate excitement and energy were electrifying. It was giving a sense that the next big...
Brief
Paytm Lags Much Behind Zomato And Nykaa: IPO Oversubcribed Nearly 2 Times
Dazeinfo -
The much-awaited IPO of Paytm which was closed on November 10, 2021, was 1.89 times oversubscribed. While foreign institutional investors flooded the issue with offers, domestic mutual funds and wealthy individuals mostly decided to stay away and opted the...
Brief
Paytm IPO: A Risky Bet That May Not Give Any ROI In A Short Term?
Dazeinfo -
Paytm may not be able to attain the success what Zomato got in the stock market! A fund manager stated that investing in Indian fintech company Paytm could prove a high-risk investment and may not see a significant jump when it...
Brief
Paytm And Other Payment Gateways Under Investigation In Relation to Chinese Betting Apps
Enforcement Directorate (ED) is investigating a number of Indian payment gateways, including Paytm, under the Prevention of Money Laundering Act, reports ET. These payment gateways are allegedly allowing Indian customers to transfer money to Chinese betting apps.Â
According to investigations,...
Brief
Paytm IPO, India’s Largest IPO, is Finally Set In Motion For November Launch
Neeraj M -
Encouraged by the overwhelming response received by Zomato IPO, One97 has quickly filed draft papers for the much-talked Paytm IPO to India's market regulators SEBI.
With the filing, Paytm has set the plan of launching the biggest Indian IPO (Initial...
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Apple Q2 FY24 Earnings: Revenue Declines in All Major Markets and Products
Apple, Inc. (NASDAQ: AAPL) has unveiled its financial performance for the second quarter of fiscal 2024, ending on March...