Paytm to come up with IPO in 2nd half of 2022, valuation likely to be around ₹1,80,000 Crores By Mr. Yash Gupta, Angel Broking Ltd
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Below are Quote on Paytm to come up with IPO in 2nd half of 2022, valuation likely to be around ₹1,80,000 Crores by Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd
As per market news Paytm currently valued at around ₹1,20,000 Crores, if Paytm is able to list its shares at market cap of 1,80,000 Crores it will be in the top 25 highest market cap companies in India.
Paytm has started its business with digital payment system and now the company offers various services like Paytm Mall, Paytm Mutual fund, Paytm bank and recently the company has launched its product in stock broking business also. In the last 10 years Paytm has transformed itself as a fintech platform in India. Vijay Shekhar shareman was the founder of Paytm. It will be a very big IPO for the Indian stock market.
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On the higher side, immediate resistance is seen around 36000 - 36200 levels - Angel One
