Paytm Share Price Target You confirm that Paytm One 97 Communication Unlisted shares are reserved with us at the trading price. The holding period for other investors (including retail, HNI or corporate clients) is 6 months from the date of the IPO listing of the unlisted shares of Paytm One 97 Communication.
As such, you cannot sell the non-listed Paytm One 97 Communication shares that you acquired in the pre-IPO within 6 months of listing. If you cannot sell your shares within 3 days, the price of that day will apply when we receive the shares in our demat.
Paytm Share Price Target
Stock market experts recommend that investors who purchase Paytm shares through appointments withdraw in the event of a rebound, while keeping the stop loss below Rs 1,720 per share. “Investors who receive this award should regard Paytm as a long-term product.
Parth Nyati, founder of Tradingo, said that new investors are encouraged to look for other opportunities because new offshore companies may perform much better than Paytm.
Macquarie analysis The division warned that the stock may fall further before it becomes attractive. Analysts at the global investment bank Macquarie set Paytm’s target price at 1,200 rupees, which is 44 lower than the price at which IPO investors can obtain shares. %.
On the first day of the IPO, it dropped to Rs 80, and at the close of the issue on November 10 – Rs 40. due to the low price. Abhay Doshi, co-founder of UnlistedArena, said Paytm is likely to be a debut flop despite the hype over India’s largest IPO ever.
Paytm’s IPO, the largest in the country’s corporate history, priced its shares in a price range of Rs 2,080-2,150 per share, with the company valued at Rs 1.39 million, the upper end of the range.
Paytm launched the largest public issue in India, raising Rs 18,300 crores, including a new issue of Rs 8,300 and an offer to sell for Rs 10,000 from several shareholders including the founder and investors.
Paytm Share Price Target 2022 , 2023 , 2024 , 2025 & 2030
Paytm’s IPO included a new share issue of Rs 8,300 and an offer to sell (OFS) shares for up to Rs 10,000.
The three-day initial public offering (IPO) of parent company Paytms One97 Communications began on November 1 and ended on November 3 at a price of Rs 2,080-2,150 per share.
Paytm’s share price is quoted today at a 9% discount on the NSE at Rs 1,950 from an IPO price of Rs 2,150 per share.
Paytm shares opened at Rs 1,955 a share versus Rs 2,150 on the BSE on Thursday. Paytm shares began trading on the BSE at Rs 1,955, down 9% from the Rs 2,150 issue price.
Paytm shares were listed on the Bombay Stock Exchange at Rs 1,955, down 9.07 percent from the maximum issuing price of Rs 2,150 per share.
On the National Stock Exchange, the opening price of Paytm shares is discounted by approximately 10%, which is 1,950 rupees. In contrast to the significant price increases achieved by Zomato and Nykaa, Paytm made its debut with a discount of more than 9% and dropped by more than 20% in the first 15 minutes of the transaction.
Commenting on the offer, Santosh Mina, head of research at Swastika Investmart, stated that Paytm’s performance in the secondary market was lower than our expectations for fixed prices.
Macquarie said the company is very fond of money and achieving scalability and profitability is a big challenge, adding that he expects Paytm to generate positive free cash flow by FY30 only. Her target is Rs 1,200, which indicates a potential drawback.
44% of the issue price of Rs 2,150. Paytms’ business model lacks focus and focus, he said, calling the company a monetary pull.
Macquarie said achieving scale with profitability is a big challenge and that rules and competition are additional challenges. “A PayTM estimate of around 26x FY23E Price to Sell (P / S) is costly, especially when profitability remains elusive for a long time.
“We estimate PayTM using 0.5x PSg for annual sales on December 23rd to arrive at our target price of Rs 1,200, which implies a 44% decrease from the upper end of the IPO price range.” In the price range, Paytm is valued at 49.7 times its 21 fiscal year revenue.
Macquaries’ target price for Paytm shares is 44% lower than the IPO price of Rs. Macquarie, an international brokerage firm, has begun hedging below-expected Paytm shares with a target price of Rs 1,200 per share.
Macquarie, an international brokerage firm, has begun hedging Worse-rated Paytm shares with a target price of Rs 1,200 per share. Earlier today, Paytms’ initial public offering disappointed investors as the FinTech Major fell more than 25% from its IPO price when it debuted.
As Paytm shares continued to decline, international brokerage Macquarie gave One 97 Communications a poor rating, saying the company did not have an adequate business model.
He also called Paytm a cash eater, keeping its price target at Rs 1,200, down 44%. Therefore, we question its ability to climb the profitability ladder.
Paytm is the largest publicly traded issue in the country, raising a total of Rs 18,300 crore as a result of its IPO. However, the company’s revenue fell to Rs 1.2 crore for the July to September quarter, well below Rs 27 crores for the same quarter last year.
Paytm received offers to buy shares worth Rs 9.11 crore compared to Rs 4.83 crore shares put up for sale, which means that the issue was signed for more than 1.8x.
In addition, due to extremely high prices, neutral growth prospects and poor financial data, Paytms’ stock price fell by 25-35 rupees in the gray market before the company was listed on the Indian Stock Exchange.
The shares of Paytms’ parent company One97 Communications on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) fell more than 25% after their weak debut on Dalal Street. As predicted by analyst and Zee Business editor-in-chief Anil Singhvi, 97 Communications Ltd1 (Paytm) stock prices are moderate.
After a weak market debut on Dalal Street, digital payments company Paytm lost 26% today to an intraday low of Rs 1,586.25, compared to an issue price of Rs 2,150. On listing day, Macquarie downgraded the stock to underperform. On the day of listing, the global financial group Macquarie downgraded its rating to “worse” and gave a target price of Rs 1,200.
According to Zee Business, Head of Research at Swastika Investment Ltd. Santosh Mina said the company is unprofitable and is priced very aggressively.
Macquarie calls the company overvalued in the Rs 2,150 / share price range given the regulatory risk, and is a clear path to Paytm’s profitability and liquidity.
Earlier Thursday, Anil Singhvi, managing editor at Zee Business, said Paytm shares are likely to be quoted below the issuing price of Rs 2,150. Macquarie Capital Securities (India) has initiated a hedge against One97 Communications, the parent company of Paytm, with a “worse than market” rating and a target price of Rs 1,200.
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