Paytm Ipo : Unravelling The Behemoths Downfall

Author(s)	Sohan Gaikwad, Dr. Sharad Kadam
Country	India
Abstract	adhur Deora, the Group Chief Financial Officer at Paytm's parent company, One 97 Communications, made a striking statement, "A higher valuation could have been achieved but we decided to price it at a level where everyone makes money." Paytm had embarked on an ambitious journey to raise over ₹18,000 crores ($2.2 billion) through its initial public offering (IPO) filed in July 2021. This IPO marked a significant moment in the stock market, drawing global investors' attention. Notably, it stands as the largest IPO in the history of India, surpassing Coal India's previous record of ₹15,000 crores.
Keywords	Paytm IPO , failure , reasons
Published In	Volume 5, Issue 5, September-October 2023
Published On	2023-10-31
Cite This	Paytm Ipo : Unravelling The Behemoths Downfall - Sohan Gaikwad, Dr. Sharad Kadam - IJFMR Volume 5, Issue 5, September-October 2023. DOI 10.36948/ijfmr.2023.v05i05.8207
DOI	https://doi.org/10.36948/ijfmr.2023.v05i05.8207
Short DOI	https://doi.org/gs3hdq

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