Message from Exchange(s): Prevent Unauthorised transactions in your account -> Update your mobile numbers/email IDs with your stock brokers. No worries for refund as the money remains in investor's account. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No need to issue cheques by investors while subscribing to IPO. Namita Godbole, Email: Support desk helpline: 8976689766 Brokerage will not exceed the SEBI prescribed limit.Ĭompliance Officer: Ms. If sale/ purchase value of share of Rs.10/- or less, a maximum brokerage of 25 paisa per share may be collected. Digital account would be opened after all procedure relating to IPV and client due diligence is completed. Investment in securities market are subject to market risk, read all related documents carefully before investing. 10/order is available with Power Investor & Ultra Trader Packs. *Brokerage will be levied flat fee/executed order basis and not on a percentage basis. B-23, MIDC, Thane Industrial Area, Waghle Estate, Thane, Maharashtra - 400604 The 7 book running lead managers of this IPO have handled 48 public issues and 25% of these issues are trading below the issue price, so there is no guarantee of the opening price being more than the price paid for the shares by the investor.ĬIN: L67190MH2007PLC289249 | Stock Broker SEBI Regn.: INZ000010231 | SEBI RA Regn.: INH000004680 | SEBI Depository Regn.: IN DP CDSL: IN-DP-192-2016 | AMFI REGN No.: ARN-104096 | NSE Member id: 14300 | BSE Member id: 6363 | MCX Member ID: 55945 | Investment Adviser Regn No: INA000014252 | Registered Address - IIFL House, Sun Infotech Park, Road no. Initial level investors are selling their stakes in the company which they obtained at a price range of 50 paise to Rs.15.40 and this can pose as a great risk to the new investorsĤ. The company has negative EPS which means that the company is experiencing only losses and no profitsĢ. It is not just a passive investment, the investor needs to keep an eye on the workings and operations of the company and its managementġ. Many analysts have called this IPO as a speculative investment rather than a prudent investment bet as in spite of the whopping 60% cut in marketing and promotional expense, the company has continued to report losses in FY21 too hence the idea of profitability hangs in the balanceĢ. It is India’s leading digital payment avenueġ. Paytm has a brand value of a whopping $6.3 billionģ. 33 crore people and 21 million registered merchantsĢ. The company has a very desirable customer base of one-fourth of the Indian population i.e. The rest of the money is to be used to general corporate purposesġ. Rs.2000 crore is to be used for business acquisitions, partnerships and new business initiativesģ. Out of the Rs.8300 crore that the company is aiming to raise through fresh issue, Rs.4300 crore is being used to strengthen and grow the Paytm ecosystem, client and merchant retention and acquiring of newer technology and financial servicesĢ. On the first day of subscription, the public issue has been subscribed 0.73 times in the retail category.ġ. The shares are to be credited to the respective demat accounts by 17 November and the company is supposed to be listed on the stock exchanges by 18 November. The fresh issue portion of the IPO is Rs.8300 crore and the rest is an OFS. Rs.2080- Rs.2150 has been set as the price band of the IPO, with a minimum investment amount of Rs.12,900 (6 shares). This IPO is set to be 22% bigger than the largest IPO till date- Coal India, which raised Rs.15,000 crore in 2010. The One97 Communications subsidiary, Paytm IPO has opened for subscription from 8 November to 11 November with an aim of raising Rs.18,300 crore.
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