Here is all you need to know about Paytm IPO in 2021. Learn about share price, gmp, paytm business model and how you can apply for its IPO at Digital People!

paytm ipo

Are you excited about Paytm's IPO?

Or are you looking to apply to Paytm’s IPO?

In this post, you will find all the information you need to know about Paytm IPO along with its price, gmp, business model and how to apply for Paytm's IPO using Fyers platform!

What is Paytm?

Paytm stands for Payment Through Mobile. It is India’s biggest mobile payments, commerce, and e-wallet company started in the year 2010 and is a brand of the parent company One97 Communications. Paytm was established by Vijay Shekhar Sharma.

Business Model of Paytm

Paytm was started as a mobile recharge platform in 2010. It has consequently changed its business model to a marketplace and a digital bank model. Paytm is also one of the pioneers in the cashback business model in India.

Paytm is a marketplace-cum-payments-bank business model which offers a platform for recharge and bill payments, online shopping like Flipkart and Amazon India and give users an e-wallet and reservation/booking options for various industries.

Paytm IPO Details at Digital People

Paytm IPO Date: Nov 08, 2021-Nov 10, 2021
IPO Timing: 10 AM To 5 PM
Paytm IPO Share Price Range: Rs. 2080 -2150
Paytm Lot Size Quantity: 6
Paytm 1 Lot Shares Cost: Rs. 12,900
GMP of Paytm Today: Rs. 62

Paytm launched its Rs. 18,300 crore ($2.4 billion) initial public offering (IPO). Now Paytm’s IPO is open for subscription on 8th Nov 2021 Monday, and it will be live till 10th Nov 5 PM.

The price band for Paytm share has been valued at Rs 2,080 to Rs. 2,150 per share, with 6 shares per lot. One user can buy a maximum of 15 lots which means 90 shares per user.

It was started a decade ago as a recharge platform for mobile recharging, Paytm growth journey started when Uber listed it as a quick payment option for their customers. Delhi and Uber are the two most important parts of the successful journey.

The game-changing period for Paytm was in 2016 when there is a ban on banknotes in India which boosted the digital payment's ecosystem.

How to Apply for Paytm's IPO?

You can apply for Paytm IPO in six easy steps using the Fyers trading platform at Digital People. Simply follow these 6 steps and apply now!

Step 1. Open your trading account with Fyers. Visit Fyers Website.

Step 2. Visit IPO Fyers Website

Step 3. Click on Explore and select the Paytm IPO that you would like to apply for. Click on the View Detail button.

Step 4. Now you have landed on the One 97 Communications Limited IPO page. Click on Apply Now button.

Step 5. Enter the details like Your Bid Price, Quantity, Amount, DP ID, UPI ID, and accept the verification of the details and click on Apply now button.

Step 6. Congratulations, Your Paytm IPO order has been accepted by the Fyers exchange. Kindly ensure your UPI request is accepted.

After Paytm application submission, you will receive a separate SMS or Notification from NPCI to confirm your bid on this Paytm IPO. You need to accept the bid amount from your UPI app.

You will receive allotment confirmation by 18th November 2021.

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