Paytm's IPO will open next week, know how much can be earned
If you are thinking about investing money in Paytm's IPO, then next week you will get a chance. Paytm's IPO will open on November 8 and close on November 10. That is, during this time you have to apply for IPO.
Sunil Shukla 
If you are thinking about investing money in Paytm's IPO, then next week you will get a chance. Paytm's IPO will open on November 8 and close on November 10. That is, during this time you have to apply for IPO.
According to the information, this company can be listed in the stock market on November 18.
The minimum investment to be Rs 12,900
The company has kept the price band for this IPO at Rs 2,080 to Rs 2,150 per share and has a lot size of 6 shares. According to the Price Bank (Paytm IPO Price Band) and lot size, the retail investor will have to apply for at least 6 shares. According to the upper price band, investors will have to invest a minimum of Rs 12,900. Retail investors can apply for a maximum of 15 lots in this IPO, for which they will have to pay Rs 193,500.
According to the rules, retail investment has to be applied for at least one lot. If you apply a lot in Paytm IPO, then you will have to invest Rs 12,900 for this. Paytm has decided to increase the size of its IPO to Rs 18,300 crore. Earlier it was Rs 16,600 crore.
How much can be earned?
The gray market premium (GMP) of Paytm's issue on November 3 in the unlisted market is around Rs 135. The issue price of Paytm is Rs 2080-2150, according to this, unlisted shares of Paytm are trading at Rs 2285 (2150+135).
Let us tell you, Paytm IPO will be the biggest IPO ever in the country. Earlier, Coal India had launched an IPO of Rs 15,000 crore. The company's founder Vijay Shekhar Sharma will sell his stake up to Rs 402.65 crore in the OFS of Paytm IPO.
A large number of people in the country will invest money in Paytm's IPO. There are also some people who will invest in an IPO for the first time and they will start with Paytm's IPO.
On the other hand, Paytm founder Vijay Shekhar Sharma says that the IPO has been kept at a low valuation so that more and more people can participate in it. Paytm had a loss of Rs 4,212 crore in FY19, Rs 2,468 crore in FY20, Rs 1655 crore in FY21, and Rs 381 crore in June quarter of the current financial year.
