Paytm's the message after very weak listing, 'You are there we are
Paytm Stock Price: Even after listing, the shares of Paytm continue to decline. The stock was trading at Rs 1614, down 25 percent at 10.45 am. Immediately after the listing, a tweet has been made like Paytm, which reads, 'You are to us'. This message of Paytm has come exactly after 5 minutes from the listing i.e. at 10.05.
Sunil Shukla 
As much as the IPO of Paytm's operator company One97 Communications was discussed, its listing became weaker. The shares of
Paytm was listed on the NSE at Rs 1950, 9.30 percent below its issue price. On the BSE, its shares were listed down 9.07% at Rs 1955.
The stock continues to fall
Paytm Stock Price: Even after listing, the shares of Paytm continue to decline. The stock was trading at Rs 1614, down 25 percent at 10.45 am. Immediately after the listing, a tweet has been made like Paytm, which reads, 'You are to us'. This message of Paytm has come exactly after 5 minutes from the listing i.e. at 10.05. Many meanings are being extracted from this message. But at the moment there is huge disappointment among those investors who have been allotted shares in the IPO.
Disappointment among investors
Paytm IPO has given a big blow to the investors. The price band for Paytm IPO was Rs 2,080 to Rs 2,150 per share. Paytm's IPO was opened from November 8 to November 10. The company raised Rs 18,300 crore through this IPO.
Actually, market experts had already anticipated that the listing of Paytm's shares could remain weak. Market experts had given many reasons behind this. Weak subscription, continuous falling premium in gray market, high valuation, large share in IPO OFS and Paytm may face a tough challenge from other companies in future.
Vijay Shekhar Sharma's Josh High
However, before the listing, the company's founder and CEO Vijay Shekhar Sharma showed high enthusiasm. Before the listing, he wrote in the tweet that he is feeling like the Indian cricket team. Paytm seems to be taking the hopes and aspirations of young India to the stock market. India has changed rapidly in the last 11 years, the journey from Coal India to Fintech (Paytm) is a witness. He
thanked those who used Paytm.
