Investors have suffered a setback in Paytm's IPO. Investors anticipating to make profits on the day of listing are baffled.
It is also worth noting that this is the largest IPO in terms of size. Prior to this, a public sector undertaking Coal india raised Rs 15,200 crore through an IPO in 2010. BDM also offers transaction services, trading, and cloud services.
As of last June, BDM had served 33.7 crore customers and 2.2 crore merchants.
The company's dividends are trading with a decline
Shares of One97 Communications, which encompasses paytm, are currently patronizing at a level of Rs 1673.75, down 14.39 percent on the bombay Stock Exchange.
At the same time, the company's shares are trading at a level of Rs 1,654.55 with a fall of 15.15 percent in NSE.
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Paytm IPO listing: Paytm's MahaIPO gave a big loss to investors, know how many shares were listed
The share of paytm became listed in the stock market today. Its Rs 18,300 crore IPO did not get the expected response and its premium in the grey market were declining steadily. Know how much the company's stock was listed.
Amidst great expectations, the mood of those who invest money in paytm is bad today.
