Paytm IPO: Top 9 things to know about Paytm IPO

Top 20 things to know about Paytm IPO.

Pay to was started in 2010, founded by Vijay Shekhar Sharma, which comes with a new plan to come among the top 35 companies in the market.

When Paytm was started in 2010, a company named Coalmines limited came with an IPO of Rs.15,300 crore. Which was the first biggest IPO than Paytm at that time.

 1. What is the issue size of this project?

Now, in 2021 the company comes with its own biggest IPO of rupees 18,300 crores.

 2. From where the company will get findings for this plan.

This is for the first time in which, William Buffey has invested.

For this plan, the company has got funding from William Buffey and Jackma( the richest man of China and founder of Alibaba group.). Soft and has also invested in this company.

The major stake in this company is done by Jackma of China.

But now, Paytm allows you to invest in this plan and you can get shares in turn. For this, a company comes with an IPO of Rs.18,300 crore.

When Paytm was started, it was initially used as a wallet. But now, it is used for multiple purposes such as paying electricity bills, prepaid, postpaid, DTH, for booking tickets of bus, train, and flight.

At starting, the company only focused on the customers. The business model that it followed was "Business to the customer". But now, it is also the "Business to Business model". So it has both types of model.

Recently the company introduced Paytm Mall, which is an example of a Business to Business model. This Business to the Business model of the company provides a gateway and their QR-code to connect more businesses and merchants with them.

Pay to is also promoting cross-selling.  Payment of gas bills, electricity bills, recharge, and tickets are examples of counseling. Even you can buy insurance. This is another example of cross-selling that is offered by the company.

3. Why the company has introduced this plan?

Paytm is emerging as the Super app. But yet not a profit-making company, because this company makes so many diversification's. But still a trustable company.

Now it comes, how the company earns profit?

The answer is, whatever the amount you keep in your Paytm wallet, is used by the company for investment in the market. Whatever the percentage of the interest they get, is owned by the company.

The company has launched its credit card. This is another way through which the company gets the profit.

 4. What is the timeline for placing bids for this project?

The company beings its IPO from 8 November to 10 November. During these dates, only the customers will be able to place their bids in this plan.

The range of bid placing is from Two thousand eighty to Two thousand one hundred fifty.

 5. What is the threshold for placing bids on this project?

One has to place bids for at least 6 shares. There are 15 shares. It depends on the customer. For 6 shares it may cost up to 13,000 rupees.

The total plan is eighteen thousand three hundred crores.

 6. What benefits will get?

After this plan, the company will come among the top 35 companies in the market. Not only the company will be among the top 35 companies, but its market cap will be 1.40 lakh crores after this IPO.

 7. Do all customers will get shares?

Shares will be allowed to only those investors, whose bids are accepted. 

 8. When the shares will be alloted?

The shares will be allotted on 15 November 2021. The customers who didn't get the shares will be refunded on 16th November 2021. 

 9. Where the shares will be credited?

The shares will be credited to the Demat accounts of the customers who have invested in the IPO of this company on 17th November 2021.

So this is all about Paytm's new plan. 

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