Paytm’s IPO flop may embitter millions of retail investors - Shahpur Turk CSC - Common Service Centre in Sonipat Paytm’s IPO flop may embitter millions of retail investors

23 November 2021

Paytm’s IPO flop may embitter millions of retail investors

Paytm’s IPO flop may embitter millions of retail investors













Paytm’s IPO flop may embitter millions of retail investors

Retail investors, who bought an unprecedented amount of shares in Paytm’s parent One 97 Communications Ltd., have seen more than 35% of their value wiped out in just two trading sessions. Further losses may be in store if the stock slumps from its Monday closing price of 1,359.6 rupees to the 1,200 rupees predicted by Macquarie Group Ltd.

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