Keep up with personal finance and investing trends. Stock Market, Mutual Funds, Insurance, and lot more.
All that you should know about the Company before applying for the IPO.
The public issue of equity shares of One 97 Communications Limited will open for subscription on November 08, 2021 and closes on November 10, 2021 It is expected to list on the stock exchanges on November 18, 2021. What does the company do? Why is the company going public? Who are its key competitors? Its key strengths, and lot more. Here’s everything that you want to know about the company to analysis the IPO.
Incorporated in 2000, the company owns and operates Paytm - India's leading digital ecosystem for consumers as well as merchants. In 2009, the company launched the first digital mobile payment platform, "Paytm App" to offer cashless payment services to customers. The app enables customers to do cashless transactions at stores, top-up mobile phones, online money transfers, pay bills, access digital banking services, purchase tickets, play games online, buy insurance, make investments, and more. Merchants can use the platform for advertising, online payment solutions, offering products to customers, and loyalty solutions.
The company is professionally managed and does not have an identifiable promoter.
There are no listed peers in India
Given below are the objectives of the Company –
The Offer comprises a Fresh Issue by the company and an Offer for Sale by the selling shareholders. The company will not receive any proceeds from the Offer for Sale.
IPO Size | ₹ 18300 Cr |
---|---|
Offer Mix | Fresh Issue ₹ 8300 Crore + Offer For Sale ₹ 10000 Crore |
Price Band | ₹ 2080 to ₹ 2150 |
Lot Size | 6 Shares (& in multiples thereof) |
Face Value | ₹ 1 |
Application Amount | Min. ₹ 12,900 (1 lot) | Max. ₹ 1,93,500 (15 lots) [at upper price band] |
Listing on | NSE & BSE |
Registrar | Link Intime India Private Limited |
Cut-off time for UPI Mandate Confirmation | 11-Nov-2021 (up to 12:00 PM) |
QIB |
₹ 13725 Crore (75% of Issue Size) |
---|---|
NIB |
₹ 2745 Crore (15% of Issue Size) |
Retail |
₹ 1830 Crore (10% of Issue Size) |
Activity | Date |
---|---|
IPO Opens | November 08, 2021 |
IPO Closes | November 10, 2021 |
Finalization of the basis of allotment | November 15, 2021 |
Unblocking of funds / Initiation of refunds | November 16, 2021 |
Credit of equity shares to Demat accounts | November 17, 2021 |
Listing of equity shares | November 18, 2021 |
Apply online in just 5 minutes!
Apply Now Investment in securities market is subject to market risks, read all the related documents carefully before investing.Wealthstreet is one-stop solution for all your financial requirements.
© 2021 Wealthstreet Financial Services Private Limited. All Right Reserved.
Wealthstreet refers to Wealthstreet Financial Services Private Limited. Wealthstreet Financial Services Private Limited: INZ000157331 (Member of NSE, BSE and MCX). Wealthstreet Financial Services Private Limited acts in the capacity of a distributor for Mutual Funds having AMFI Registration Number – 118251.
Mutual Fund Investments are subject to market risks. Please read all scheme related documents carefully before investing. Investment in the securities involves risks. The user is required to undergo risk profiling before investing. Guided view is indicative in nature and is based on the information provided by the user voluntarily. Each user of this information should make such investigation as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred here (including the merits and risks involved), and should consult his own advisors to determine the merits and risks of such investment. Past performance is not necessarily a guide to future performance.
The information contained in this website is for general information purposes only. The information is provided by Accord Fintech Private Limited. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the timeliness, completeness, accuracy, reliability, suitability or availability with respect to the website or the information or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk. Wealthstreet Financial Services Private Limited shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this website.
Content Powered by Accord Fintech Pvt. Ltd.
Broking and DP services offered by Wealthstreet Financial Services Private Limited under SEBI Registration No.: INZ000157331 (Member of NSE, BSE and MCX) and IN-DP-CDSL-361-2018 (DP with CDSL). Investor grievance resolution team, Tel: 079-66775500, Email ID: grievance@wealthstreet.in. Name of the Compliance Officer for Trading & DP – Mr. Suren Pandya, Email ID: compliance@wealthstreet.in. Corporate Office: A – 1101, Mondeal Heights, S.G.Highway, Ahmedabad – 380015.; Tel. 079-66775500.
Link to SCORES portal – https://www.scores.gov.in/scores/Welcome.html