New Delhi, 13 January. Mobile pockets firm Paytm just lately launched its inventory market, however Paytm’s entry within the inventory market was not excellent. It was listed on the inventory market on 18 November 2021, however the firm’s inventory continued to fall for the reason that itemizing. The entry within the inventory market was not good for Paytm’s dad or mum agency one97 communication.
With the itemizing within the inventory market, the investors who invested in it suffered an enormous loss, who had been allotted Paytm IPO. The lack of such investors is growing day-to-day and the scenario has now turn out to be such that the hopes of the investors are getting shattered. If we discuss funding, now the cash of investors has been diminished to half.
When Paytm’s IPO was launched, its situation value was Rs 2150. The value of 1 share of the corporate was fastened at Rs 2150, when Paytm IPO was listed on the Indian inventory market, its value couldn’t cross Rs 2000 since then. The share value of Paytm couldn’t even go close to the difficulty value. The firm’s all-time excessive degree is Rs 1,961.05, which was on the day of itemizing.
On January 13, 2022, the share costs of Paytm fell by greater than 4 per cent. Its share value is at Rs 1035 degree. That is, the value of Paytm shares fell by 53 % from the difficulty value. That is, its value has been diminished to lower than half. Investors have suffered a lack of Rs 65000 crores. At the identical time, the market capital of the corporate is Rs 67,216 crore. Whereas on the time of itemizing, the market capital of Paytm was greater than Rs 1 lakh crore.
Paytm Share Price Fall: Paytm Share Price Hit Low, Investors Loss 64000 Crore