One 97 Communications Limited IPO (Paytm IPO)
i. One 97 Communications was started in 2000, which launched Paytm in 2009, as a “mobile-first” digital payments platform to enable cashless payments for Indians, giving them the power to make payments from their mobile phones.
ii. It offers consumers a wide selection of payment options on the Paytm app, which include
(i) Paytm Payment Instruments, which allows to use digital wallets, sub-wallets, bank accounts, buy-now-pay-later, and wealth management accounts.
(ii) Major third-party instruments, such as debit and credit cards and net banking.
iii. The company’s ecosystem serves 333 million consumers and over 21 million merchants.
i. Trusted brand, scale and reach
ii. Deep insights of Indian consumers and merchants
iii. Leadership and our distinctive culture
Objects of the One 97 Communications Limited IPO (Paytm IPO):
One 97 Communications Limited IPO (Paytm IPO) Details:
|Open Date:||Nov 08 2021|
|Close Date:||Nov 10 2021|
|Total Shares:||8.5 Cr|
|Face Value:||₹ 1 Per Equity Share|
|Issue Type:||Book Built Issue|
|Issue Size:||18,300 Cr.|
|Lot Size:||6 Shares|
|Issue Price:||₹ 2080-2150 Per Equity Share|
|Listing Date:||Nov 18 2021|
Promoters And Management:
Financials of One 97 Communications Limited IPO (Paytm IPO):
|Particulars (in Cr)||2021||2020||2019|
|Payment and financial services||2200||1900||1700|
|Commerce and cloud services||690||1100||1500|
|Other Operting Income||0||225||0|
|Payment Process Expense||1916||2265||2257|