Users can also avail Movie vouchers worth Rs 100.
This code is valid on first 1000 orders only. Paytm Credit Card Payment - Now Pay your Bajaj Finserv RBl Credit Card Bill through Paytm and get amazing offers. Your money with Paytm is protected under an Escrow account with a reputed bank, which means that your funds are held in trust when you make a transaction through Paytm wallet. All the guidelines followed by Paytm are as per the rules and restrictions of the RBI. Order your favorite food and apply Paytm Food promo code at checkout process to avail the discount. Paytm wallet is approved by the Reserve Bank of India. Browse food ordering on Paytm Wallet and search for nearest restaurants. Non-Institutional investors (NII) had subscribed to their portion only 0.24 times. Paytm Food Coupon Codes, Offers & Deals Oct 2021. Qualified Institutional Buyers (QIB) had subscribed to the issue 2.79 times their portion while retail investor subscription was at 1.89 times. The public issue of Paytm was subscribed 1.89 times by investors earlier this month. App only offersView your personalized offers, scratchcards and points. Payments and financial services contribute around 75% to the company's total revenues.Īlso Read: Paytm listing guide for IPO allottees: Grey market premium dries up, muted opening likely sell, hold, buy? safe & secure money transfer via UPI using any bank account or Paytm Wallet. "As per an RBI internal study, payments banks may be allowed to apply for small finance bank (SFB) licensing, which would enable Paytm to lend on its own balance sheet," said domestic brokerage firm Motilal Oswal in a report. Paytm started as a digital wallet platform, enabling customers to make utility payments and mobile recharge through the application has turned into a payment super-application that offers wealth management, e-commerce, insurance, credit and much more.
The Ant-Group backed firm is expected to continue to report losses over the next few years.Īlso Read: Paytm IPO overpriced, stock may correct muted listing expected, book gain or loss and exit | Interview With a market capitalization of Rs 1.26 lakh crore, Paytm is yet to turn profitable, which has been the talking point for analysts. Largely concerns have been voiced around Paytm's high valuations. More than 1.6 crore equity shares of Paytm moved between investors on the NSE.Īnalysts had advised investors to exit the stock on listing and wait for better entry opportunities. The issue witnessed a mixed response from investors as institutional buyers and retail investors oversubscribed their portion while NIIs failed to fully subscribe their portion. P aytm's Rs 18,300 crore IPO is the largest IPO ever to hit Dalal Street. Save with 13 active Paytm coupon codes in November All user offer. Nearing the closing bell, Paytm shares hit 20% lower circuit to sit at Rs 1,564 per share, down 27.26% from the IPO price of Rs 2,150 apiece. Paytm shares listed at a 9% discount to IPO price on Thursday, disappointing IPO investors amid weak market sentiment.