Things to know about Paytm before placing a bet on its IPO

• Paytm intends to raise ₹18,300 crore from this public issue, at a valuation between $19.3-19.8 billion
• Paytm IPO will open from November 8 to November 10, at a price range of ₹2,080 -₹2,150 per equity share.
• One 97 Communications earned ₹3,186.8 crore in revenue in the financial year 2021, with loss touching ₹1,704 crore.

One 97 Communications — the parent company of digital payments giant Paytm — is all set to launch India’s biggest initial public offering (IPO) on November 8. The company intends to raise ₹18,300 crore ($2.4 billion) from this public issue, at a valuation between $19.3-19.8 billion.


This IPO will surpass Coal India’s ₹15,000 crore offering, which happened a decade ago.


Valuation guru Aswath Damodaran, who is a professor at New York University’s Stern School of Business, had also valued Paytm at $20 billion. “...This is the type of stock that you would put 5%, or perhaps 10% of your portfolio in, not 25% or 40%,” he said in a blog post.

Here is a list of things you may want to know before subscribing to Paytm’s IPO: