Just recently edtech companies were facing lot of issues. Now even fintech companies are in trouble. What's happening with fintech companies?
The condition of all startup stocks like Zomato, Nykaa, Paytm, Policybazaar are all similar now. Investor wealth has plummeted in these stocks.
The bank has witnessed a fast adoption of digital banking services, with users appreciating the new era of banking in India
Paytm has announced the debut of the 'Margin Pledge' service through its wholly-owned subsidiary Paytm Money.
The IPO market is a bubble, a big one at that, says Abhishek Basumallick, Chief Investment Advisor at Investment Capital
The price band of the issue has been fixed at Rs 2,080-2,150 per share with a face value of Rs 1 per share.
The comment comes ahead of company’s Rs 18,300-crore IPO
Paytm IPO opens on November 08 and closes on November 10. The fintech has fixed the price band at Rs 2,080-2,150.
The company expects to hit the bourses by the end of this month and is planning to skip the pre-IPO share sale rounds to fast-track listing.
Vinit Bolinjkar of Ventura Securities spoke to Money9 on what is causing this correction.
