You are currently viewing Paytm Shares IPO : Paytm are trading 20% ​​down, 9.30% below the issue price on NSE. Stocks listed at Rs 1950….

Paytm Shares IPO : Paytm are trading 20% ​​down, 9.30% below the issue price on NSE. Stocks listed at Rs 1950….

Paytm Shares IPO : Due to the costly valuation of the company, investors thought it better to stay away from it

Paytm Shares IPO : Paytm Stock Price: As much as the IPO of Paytm’s operator company One97 Communications was discussed, its listing has become weaker. The shares of Paytm have been listed on the NSE at Rs 1950, 9.30% below its issue price. At the same time, its shares are listed on BSE, down 9.07% at Rs 1955. Market experts had already anticipated that the listing of Paytm’s shares could remain weak.

After the start of trading in the shares of Paytm, the decline increased to 18%. At 10.11 am, the shares of Paytm are trading at Rs 1714, 20% below their issue price. The lower circuit of the company’s shares is 30% i.e. Rs 1564.

Booked 2.79 times. While the share of retail investors was filled 1.66 times.

The issue price of Paytm was Rs 2170-2180. The premium for its unlisted shares had declined in the gray market, following which its weak listing was being speculated.

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BY TRENDIENEWZ

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