One 97 Communications Limited IPO Message Board (Page 5)

Rest in peace Paytm investors.
Paytm is perfect example for learn from mistake. Why retail invest in crap valuation and loss making company.
In car trade it was justified to invest, but it later failed, but no doubt about Paytm....hope u learn from mistake....here on chittorgarh board also there are some hni players who invested for the sake of brand name of Paytm.....hope they apply brains next time.....proper way to treat this overvalued company if by avoiding subscribing such IPOs....even nykaa was not worth it.....does it deserve 1 lakh crore mrkt cap at 7 cr net profit....think and evaluate.

@noorul . I said trading high in pre ipo market & 1000rs. Se jyada risk nahi hoga itna to risk banta hai. But i skipped ipo due to low subscription.

Not a fitting word RIP for investors! Please avoid such negativity. Money comes and goes and I know for sure no one invested in PayTM by putting his/her bread-butter at risk. So stop this negativity. Investors will take care of themselves. It was little too unexpected to go down 30%..but it is done. Hope for better future!

JAHA TAK MUJHE LAGTA HAI PAYTM KA SHARE 500-700 KI RANGE ME HI TRADE KAREGA YOU WILL SEE IT IN NEXT FEW DAYS..

Ek share kaha tok jayega e koi motlab ki baat nehi. Agar apko kharid ne ka ichha hai to kahna khorid paoge ye matlob ki baat hai. R iske liye apko jankari hona chahiye kaise kharida jata hai barna chok jaoge kaisan Aptus achanak 332 se 275 fir turant 332.Bahut ko shun ne aya kaisan e sob hota hai , 275 me mere ko kharid karna tha. Lekin chiriya......

Since every one is speaking their MANN KI BAAT, Let me share my thoughts-

RETAIL INVESTORS are not fools as branded by FEW.

I feel subscription figures proved astoundingly that RETAILS INVESTORS + NIIs are much intelligent than QIB+PROMOTERS.
Listing is slap on PROMOTERS for taking things for granted.

PAYTM will set a fear among GREEDY PROMOTERS and will only do good for RETAIL INVESTORS going forward.

RPOWER was my 1st entry into Share market in 2008. It may not have given me PROFITS but learned my lesson well.
In 2021, in same RPOWER counter - I made 10X times of loss I made in 2008.
ALWAYS be PATIENT and wait for RIGHT TIME. Even if takes a decade time.

TIME heels everything. Just wanted to share this to Fellow RETAILS who have made loss in PAYTM.

PS: I did not invest in PAYTM.
I always thought, PAYTM is like a CARNIVOROUS ISLAND in LIFE OF PI movie.
All it gave by CASH BACK took away through LISTING.

Paytm listing is red signal for retail investors, NEVER INVEST IN PAYTM . Those who holds ipo allotment should sell any coast. Never touch this SCRAP.

What is the right price to buy this now(after listing)..Will it come near 1000?

many people lost money in PaytM even without putting in a single application , I wonder what these fancy fund managers thought before putting large bets on paytm.
I will exit such funds who invest in such IPO and lose our hard-earned money

Usually I don''t go contra. But if 100 become 75 it will be attract risk takers. Since I can take risk, I will start adding 10% down from here. This is no suggestion for anyone. Almost 20k crore collected at offer price, same available at huge discount in 5 days.

FRIENDS ME IS FIELD ME NEW HUN. MENE PAYTM ME KEVAL YE DEKHA KI COMPANY CONSISTANTLY LOSS ME HAI OR IS IPO KO AVOID KAR DIYA
LEKIN YE DEKHKAR DUKH HOTA HAI KI FIR BHI LOG LOSS MAKING COMPANIES ME APNA PROFIT DEKHTE HAI .. HOW IT IS POSSIBLE
BACHPAN ME SIKHA THA LALACH BURI BALA HAI.. IT IS TRUE.. KHAIR ME TO BACH GAYA.

I have made investments in Zomato, Sapphire, Barbeque etc, loss making companies, still I made reasonable gains.

You must know that Gains can be made even in loss making companies.

As soon as exit in this, bare loss less,
It will test price below 1100/-.
Buy good quality stock, and adjust
Your loss. Such ipo are making fool
to investors.

Large supply needed large demand to support it''s price. It may down up to 44%

applied for 12 quantities at 2150rs got 10 quantities amount debited from the 25800rs still didn''''''''''''''''''''''''''''''''t got 4300rs refund please help😥😥😥😥😥😥😥😥😥😥

Retail investors misunderstood this paytm ipo as another zomato ...which was also lower Gmp ipo.....they forget that best of paytm already past 3/4 years back...and its no more rising sun type of co...

Yes that is true. A few years back Paytm had some uniqueness. Now it does not.
Paytm has no moat in any of the businesses it is in. Zomato still does. It will be very difficult for someone to replicate Zomato / Swiggy with their physical network and processes. With Paytm this is not the case.

@PSR
Well said.
You have not included Sona c, kims etc which were beyond the comprehension of the GMP hunters.
You are an experienced person and have seen many adverse situations but for now you are to ignore this childish behaviour of some members who are based on GMP only .Moreover, it is funny to note that they know everything even the course of it uptill two digit.
Kya bolte hai na do din ka jogi ...................
Where there is high GMP , everybody who has money(own/loan) will earn some money by putting crores of rupees and retailers will wait with a chance of 1:100.
It will continue so long as the market is high. People will get money with the help of money or fortune .It does not exprees any special ability to be an expert in this subject.

It is a tremendous joy to get benefits from anything which has been rejected by others. Such are those which you have mentioned and I have added to. These GMP hunters will never get the joy of conquering something with their own merit but will chide on others in case of any failure.

For now, Paytm is a failure which is visible but it can not be done away with as much as whosoever has carefully followed the proceeding may visualise some silver lining. Today''s listing is dimensionally an unforeseen one .You can not give any example where a big IPO in a high market is kept so subdued by the operators.
Incidentally today Maquarie begins it review for an IPO with a target of 1200. It may be a part of the play.

Everyday you will see some person mentioning Cartrade/Gls/Abslamc. These were not low GMP/Subs. Can anybody blame this investors for thier folly? Never.
All these are contray to what we thought as per the proceedings . This is what is called market risk.
Here key to sustion is to keep the position within the risk taking ability.

People are speaking of valuation/price
Can they give any example of IPO (except may be Gls and irfc) which has come thís year with less than 5 times of worthy price. In some cases in the present lot it is 10 to 20 times.
In secondary market midcap/ smallcap 4/5 times .So thinking that in IPO, it will come with worthy price is too childish.
Thanking you,

@ PSR sir
What you say ,shows your vast ability to judge the circumstances. My view is not different.
But I am not concerned with its long term at this moment .
Market will show its worth in the long term.
IPO hota hai char din ka chadni .usko bad jo hoga wo nykaa, pb, sapphire, zomato, devyani sob ko liye lagu ho sakta hai. Sob gasious valuation .e sob upor hai isliye sob jaijaikar kar raha hai. Eisa nahi hoga e sob upor jayega r paytm bhar ma jayega.
Kisika koi prospect filhal nehi dikh raha hai.
Hni and Rii have 1.2 cr share.Todays delivery is 1.o5 cr.Next day proceeding is very important. May be fear of retailers and nii encashed by some strong group.within some days it wii be clear.
Previously it was thought that in low subscribed ipos retailers are strong minded.
But now we see people exiting with 25%/30% loss.
Such people should avoid such ipos.

Mr. Asoke sarkar
Share market is suitable only for risk takers. Here, we play a "minus" sum game, where some of the money introduced by investors is drained out in the forms of Brokerage, taxes etc., hence, there are more losers than gainers.
Further, this is such type of activity, Gains made in in 9 trades may get evaporated in one loss making transaction.
I again reiterate that price is not a major issue for right company. to be specific, got furious of not getting allotment in IRCTC, I have purchased 100 shares @ 626 (by placing order for higher permissible price in the pre opening). Later 50 shares were sold @1300 thereby recovering entire investment. There after, 10 shares each were sold @ 3100, @4100 and @ 5100 there by getting a solid gain of 120000, Even now I am holding 100 shares (after stock split), which are totally free apart from the Gains already made.
The situation is totally opposite in Suryodaya Small Finance Bank. I have been allotted with some shares, there after added some more shares, but still I anm in deep loss. Now, this script is ruling more than 40% below its issue price.
These things happen from time to time. I never felt that I am a Hero when I laid my hand on IRCTC and I never felt that I was a Zero when I invested in Suryodaya small finance Bank and Paytm.
If a person want Risk free return, then best sources are deposits in SBI, Post Office etc., for moderate risk takers HUL, Colgate, TCS, PGHH etc., and for risk takers appropriate forum is Stock Market.
Hope, I have not offended any of the forum members.

This PAYTM debacle is bad not only from the ipo sentiment perspective but also from the overall Indian markets perspective. It was our biggest listing in history and it failed miserably. I think the promoters should have erred on the side of caution rather than being so aggressive on pricing..


💔 BIGGEST LISTING TURNED OUT TO BE WORST LISTING 💔


GMPs currently after the flop
Tarson 200 + Latent 300 = GoColors 500 (round figures taken.. actual is 10±)

Disclaimer: For educational purpose
These are just opinions.

For patient readers

Many people have given up on this company. This company might be overvalued during the IPO process, but that doesn''t necessarily mean lack of potential.
The company has a payments bank. And they are looking to get Small Finance Bank License. A payment bank can apply for small finance bank license after 5 years of operation. The company being discussed got the payment bank license in 2017.


Why IPO (opinion for educational purposes)?
According to few news reports the company was allowed to apply for small finance bank license after 3 years of operation. But there were some constraints related to foreign shareholding and other things. So IPO was a way to reduce shares of some specific foreign shareholders (guess the names) (however they still have a long way to go). Also it was/is expected that listing will bring more transparency in company''s operations and books (as they need to do quarterly declaration and which are available to public comparatively easily), which might help in approval of bank license.


Benefits in becoming Small Finance Bank
There are many, for example they can start lending operations, deposit limits will increase. They can also issue credit card down the line (like one other small finance bank is issuing). They don''t need to rely on other banks/nbfc for these activities, which in turn will reduce the commission cost (expense).
Many small finance bank complain that it''s difficult to on-board customers because they are relatively unknown. The company being discussed might not have those issue as they already have a good customer base and they need to connect them to the hypothetical future bank.


But other banks/nbfc/fintech are already there, why this company?
Many of you compared it with UPI based companies. Do you know if they are making profit just from UPI? Because UPI is free right now, and with proposed new NUE solution, the competition will increase and hence mire difficult to make money just from transaction.
Also one of the UPI based companies you guys mentioned has started taking extra money for recharge/bill payments. So you can feel the limitation of UPI based apps.
Also traditional banks are working hard on technological front. But recently one of the prominent bank was banned from issuing Credit Card for some duration. And other bank is also in question (according to news).
Also the bank (who was banned), after removal of ban partnered with this company (in discussion) to issue credit card. So banks knows the value of cross selling to this company customers.
Technology can be a strong point along with zero balance account which operates like normal accounts. The popularity of so called neo-banks (which attracts a certain set of audience) can shine some light on this.

Merchants, why this company boasts on number of merchant?
Because when they hypothetically get small finance bank license, they can provide loans to these merchants (which other UPI based companies can''t do without proper license). Also if you browse the news, there are talks of regulating lending market (might tighten rules for NBFC/Fintech) as there have been many instances of customers being duped and no where to go in lending market. Also many banks don''t give loans to small merchants as they are considered risky (the company might be hoping to use the spending) habits on app to decide whom to give loan


Many of you told that entry cost is low. Entry cost might be low to enter banking space, but regulations are in place to get banking license. Some of you will say - why need banking licenses if you can lend of nbfc license. Then please research on the problem nbfcs face - higher cost of capital/deposits (you need money to lend, you can''t take deposits like banks because you need banking licenses, so bonds are issues and the yield of bonds should be higher than fd rates to attract depositors, still many people don''t trust some private bonds as fds have insurance upto a certain amount if opened in licensed banks, bonds can go to zero). These higher costs eats into the profits and also makes it difficult to sustain. Just browse the news, you will notice that one of the nbfc is eager to merge with one of the small finance bank (which have comparatively high NPA).

Credit Cards has a certain set of audience and is also profitable for intelligent lenders. Service play a major role here in premium credit card segment.

Now above mentioned things might happen might not happen. But company has potential, it might be overvalued, it might get few more lower circuits, but once few checkboxes have been ticked, it will start showing potential.

The company might not be so profitable on it''s own, but it''s subsidiaries might make more money than it. It won''t be surprising if company shifts into holding/parent company structure like some global companies.

Note : Banks should bring IPO after a certain period of time and after reaching a certain amount of money (might be 500 crore, research on it). So hypothetically down the line, this company''s subsidiary bank (if they got small finance bank license) will bring IPO. And that mught give more value than this one. So keep track of it.

Please forgive typing and grammatical mistakes.

This post has been written in optimistic and hypothetical way for educational purposes. Please do your own research.

Forum members,
Please feel free to share your educated thoughts and opinions.
This forum and other members (at least a chunk of them) gains (in knowledge
) from good discussions.
We should see both sides of the coin (however kind of quite overvalued right now, but who knows!)

Please don''t use unparliamentary language in replies.

If the valuations were 10 times lower, it would have attracted many investors.
With the initial momentum (it showed), it might go towards that valuation (unless big investors come to rescue).
If it goes to that price, suddenly the scenario will change and many people will start seeing potential.

I am seeing a price of 1200 for Paytm in a matter of 2 days may be. Does not deserve more than that.

This is biggest fraud . paytm robs investors legally. really pathetic.

@Pure Investor
Most of these companies are being valued at Forward Price-to-Earnings
Valuation of new age companies can be fairly complicated
PE is not the only criteria for valuation
Nykaa at 100 and Zomato at 10 and IPOs at face value ..... I believe you are joking
Comparing Bajaj Auto etc market cap to Nykaa, Zomato, PB, Paytm is comparing apples to oranges
I do agree Paytm got pricing wrong, also their financials and China angle all contributed to a massive meltdown on listing day

No, people who applied and people who bought today made that decision voluntarily out of Greed and Hope, nobody forced them to buy.
It''s high time investors stop listening to talking heads on TV and Influencers selling it on internet forums and articles.
There are still people who will continue to buy on that Greed and Hope on every 100-200 drop.
I doubt it will reach IPO price ever again..

I didnt apply neither cartrade nor paytm. And soecially I didnt like the business model of paytm despitebeing unicorn
In cartrade,
1. I didnt notice any moat,it has few competitors like car24 ,droom etc which are going to give it intence competition
In paytm,
1. Greedy merchant banker, us se bhi jyada lalchi promoter and cfo/ceo and exorbitant valuation,
2. No moats,stiff competition, extreme size
3. QIB below 25x,HNI below 50x
4.Extremely greedy retail applicants
5. Superb negative PE, carried for years,pata nahin kab profitable honge yeh log.
People should have kept strict s.l. not more than 10% loss and should not average at all,
Thanks

@ Ankitef,
What price is Nucleus Software expected to reach before RD ?

Paytm IPO is the best example for BLIND RETAILERS

కుక్క కాటుకు చెప్పు దెబ్బ

Anna bale chepoinave

@noorul : hmm right :)
Atleast i have accepted my mistake of cartrade many times in multiple forum and even for paytm also i mentioned 2 times that i applied/allotted in retail and got out with loss. There is no harm in accepting. But there are many ipo examples too where me/others earned a lot where many experts were not believing or giving avoid calls. My funda is clear that instead of becoming guru and chela here, we should involve in good discussions with everyone and we can keep sharing our views, no matter views matches or not, and even different/multiple views only will bring experience. But many times i have seen if we are not agreeing or saying anything against for some "expert" person views then people start targeting. Anyone can be wrong, no issues in that and if someone can be praised for some good views/opinion by his followers then he or his followers should have courage to accept failures too, instead of boasting/bringing good things only on top.

I did not apply in Paytm only because of its size. It was too big to create any demand. Still, after Nykaa, I was sure it might list in profit. My previous experiences saved me today. So, those who were trapped today will also learn and come back stronger. The market is a great teacher and leveler.