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.
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