Whatt is GMP? In unlisted markets it was selling around 3000 it''s priced 1k below? According to company it''s loss making yet they are coming at heavy price
67. Jetha Lal| Link| Bookmark|
October 28, 2021 2:38:29 PM
IPO Guru (1000+ Posts, 2100+ Likes)
In every segment they do business they lost to competitors.
I have some stocks of Paytm, which I had bought a couple of years back. Once the stock is listed - can I sell those? What''s the rules for pre-ipo stocks?
Wait for 1 year for preipo...and new rule applies if you purchase after new rule implement date....otherwise wait for 1 year after listing date.....
66.4. Black Swan| Link| Bookmark|
October 28, 2021 12:34:05 PM
Top Contributor (400+ Posts, 400+ Likes)
You have to hold these shares for 6 months post listing(Lock in). Else sell them before the IPO in offline market(unlisted). Rule has been recently changed from 1 year to 6 months
65. Kishore S| Link| Bookmark|
October 28, 2021 2:23:47 AM
Top Contributor (200+ Posts, 100+ Likes)
Hope this is not Reliance Power kind of Ipo in 2008. Initially I was using their services 4-5 years ago where it used to provide lot of genuine offers. Slowly introduced hidden terms and conditions and misleading customers. Now I don''t use this any of the Paytm services at all except their Paytm gateway. Now a days lot of better alternatives exist in each and every business they do. As someone earlier pointed it''s jack of all trades but not master of none.
Dont know why but Some how ,morgan stanley growth fund (around 1992) came to my mind. may apply for one lot , still double minded about that too. Anyways, best wishes to "all investors for great benefits and to promoters too."
Apart from Sigachi, all are either based on hope, brand or sky high valuations. And Sigachi also very small issue. Is it really justifiable to give money at such high valuations for paytm, nykaa and policy bazaar? Well this msg is of no importance as most people care about listing gains and I do hope that all upcoming should list high.
61. mann mundra| Link| Bookmark|
October 28, 2021 12:09:14 AM
Top Contributor (200+ Posts, 100+ Likes)
PAYTM IPO
Issue Dates : 8 Nov - 10 Nov Issue Size : Rs 18,300 Crore
Price Band : Rs 2,080 - 2,150 Bid Lot Size : 6 Shares Application Amount : Rs 12,900
Retail Quota : 10% Registrar - Linkintime Number of Retail Applications : 14,18,604
Jack of all and Master of none. That''s summarizes Paytm. Valuation is crazy but growth is weak. Unit economics does not support this valuation. To make money it may take a decade 😅. I will apply one lot only just to have fun.
Paytm Price band: 2080-2150 Retail partion: 10% Rs 1830 Crore Lot size:6 Retail: total 8511627 shares at upper price band Bid Date: 8-10 November Anchor: 3 November
OFS by Rs 402 Cr by Vijay Sharma Rs 4704 Cr by Ant fin Rs 784 Cr by Alibaba Rs 139 Cr by Elevation Capital Rs 1689 Cr by Softbank Rs 301 Cr by Berkshire Hathaway (Warren Buffet)
53.2. lokes| Link| Bookmark|
October 27, 2021 4:36:48 PM
IPO Guru (4400+ Posts, 5100+ Likes)
8th to 10th nov is not confirmed now i think.....news came it may come from 8th to 10th. And yes, if date will come as 8th to 10th nov, then people wont be able to use SJS, policy bajaar, and sigachi ipo money in this.