Paytm<\/a> listed on Thursday at a steep discount to its IPO price, as investors questioned the company's valuations and path to profitability. The stock hit a lower circuit of 20% half an hour before closing bell<\/a>, sliding 27.25% from its issue price of Rs 2,150 to Rs 1,564.15. The market capitalisation stood at Rs 1.01 lakh crore (about $13.5 billion) well below its IPO valuation of Rs 1.50 lakh crore ($20 billion).
That’s also less than the valuation that the Vijay Shekhar Sharma-led startup commanded in its last fundraising round in November 2019.
Paytm was valued at $16 billion when it raised $1 billion in a funding round<\/a> led by US asset manager T Rowe Price along with participation of existing investors Ant Financial and SoftBank Vision Fund, according to an ET report on November 25, 2019. It was the largest amount raised by an Indian startup that year.
“It’s a $1 billion raise led by T Rowe Price,” Sharma had said then. “SoftBank has pumped in $200 million while Ant Financial has invested $400 million at a $16 billion valuation.”
Two years on, the company raised funds in India’s biggest IPO<\/a>, seeking a valuation of $20 billion. The offering achieved full subscription<\/a> on the last day of the share sale, that too after a push by qualified institutional buyers.
The Paytm IPO<\/a> was touted by some as a symbol of the country’s growing appeal as a destination for global capital, particularly for technology investors looking for alternatives to China. The question now looming over the $3.5-trillion stock market is whether the optimism that drove IPO fundraising and the Sensex to record highs has gone too far.
<\/body>","next_sibling":[{"msid":87781540,"title":"Facebook is stonewalling questions, says Delhi Assembly committee on riots","entity_type":"ARTICLE","link":"\/news\/facebook-is-stonewalling-questions-says-delhi-assembly-committee-on-riots\/87781540","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"87781104","title":"VSS-BSE","entity_type":"IMAGES","seopath":"tech\/startups\/paytms-market-cap-dips-below-its-16-billion-private-valuation-on-listing\/vss-bse","category_name":"Paytm's market cap dips below its $16 billion private valuation","synopsis":"Paytm founder Vijay Shekhar Sharma and BSE CEO Ashish Chouhan at One97 Communications\u2019 listing event at the Bombay Stock Exchange in Mumbai on Thursday, Nov. 18, 2021. (Photo: Nitin Sonavane\/ET)","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-64904\/87781104.cms?width=150&height=112","link":"\/image\/tech\/startups\/paytms-market-cap-dips-below-its-16-billion-private-valuation-on-listing\/vss-bse\/87781104"}],"msid":87781573,"entity_type":"ARTICLE","title":"Paytm's market cap dips below its $16 billion private valuation on listing","synopsis":"An over 27% plunge in Paytm\u2019s share price upon listing pegged the fintech firm\u2019s market cap at $14.5 billion. That\u2019s less than its IPO valuation of $20 billion and its last private valuation of $16 billion in November 2019.","titleseo":"telecomnews\/paytms-market-cap-dips-below-its-16-billion-private-valuation-on-listing","status":"ACTIVE","authors":[{"author_name":"Tushar Deep Singh","author_link":"\/author\/479254748\/tushar-deep-singh","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479254748.cms?width=100&height=100","author_additional":{"thumbsize":false,"msid":479254748,"author_name":"Tushar Deep Singh","author_seo_name":"tushar-deep-singh","designation":"Senior Assistant Editor","agency":false}}],"analytics":{"comments":0,"views":192,"shares":0,"engagementtimems":960000},"Alttitle":{"minfo":""},"artag":"ETtech","artdate":"2021-11-18 17:24:49","lastupd":"2021-11-18 17:25:33","breadcrumbTags":["paytm market cap","paytm","paytm valuation","paytm share price","paytm ipo","one97 communications","vijay shekhar sharma","Paytm Listing","mvas\/apps"],"secinfo":{"seolocation":"telecomnews\/paytms-market-cap-dips-below-its-16-billion-private-valuation-on-listing"}}" data-authors="[" tushar deep singh"]" data-category-name="" data-category_id="" data-date="2021-11-18" data-index="article_1">
- Telecom乐动扑克News
- 2分钟阅读
Paytm跌破160亿美元市值的私人估价清单
一个Paytm股价暴跌27%以上在挂钩fintech上市公司的市值为145亿美元。不到IPO的估值为200亿美元,去年私人估价在2019年11月的160亿美元。
读到
孟买:的市值One97通信有限公司的母公司,印度最大的fintech平台Paytm,低于去年私人估价——证券在清单16美元一天。
Paytm周四上市目前大大低于IPO价格,因投资者质疑该公司的估值和盈利能力。股票触及20%的降低电路在收盘前半小时,发行价格下滑27.25%的Rs 2150 Rs 1564 .15点。市值站在多数1.01卢比(约135亿美元)低于IPO估值1.50十万的卢比(合200亿美元)。
这也是不到Vijay Shekhar Sharma-led启动命令的估值在2019年11月的最后一轮融资。
Paytm价值160亿美元一轮融资中筹集了10亿美元为首的美国资产管理公司T Rowe Price参与现有投资者Ant金融和软银视野基金,2019年11月25日,据等报告。这是一家印度公司提出的最大数量。
“这是一个10亿美元提高由T Rowe Price”Sharma说。“软银注入2亿美元,而蚂蚁金融投资4亿美元160亿美元的估值。”
两年过去了,这家公司在印度最大的IPO募集到的资金,寻求200亿美元的估值。此次发行实现完整的订阅售股的最后一天,也在推动合格机构买家。
的Paytm上市是被一些人作为国家的象征作为全球资本目的地吸引力日益增加,特别是对中国科技股投资者寻找替代品。现在的问题迫在眉睫的3.5美元总额将股市的乐观情绪是否开车IPO融资,Sensex至纪录高位已走得太远。
Paytm周四上市目前大大低于IPO价格,因投资者质疑该公司的估值和盈利能力。股票触及20%的降低电路在收盘前半小时,发行价格下滑27.25%的Rs 2150 Rs 1564 .15点。市值站在多数1.01卢比(约135亿美元)低于IPO估值1.50十万的卢比(合200亿美元)。
这也是不到Vijay Shekhar Sharma-led启动命令的估值在2019年11月的最后一轮融资。
Paytm价值160亿美元一轮融资中筹集了10亿美元为首的美国资产管理公司T Rowe Price参与现有投资者Ant金融和软银视野基金,2019年11月25日,据等报告。这是一家印度公司提出的最大数量。
“这是一个10亿美元提高由T Rowe Price”Sharma说。“软银注入2亿美元,而蚂蚁金融投资4亿美元160亿美元的估值。”
两年过去了,这家公司在印度最大的IPO募集到的资金,寻求200亿美元的估值。此次发行实现完整的订阅售股的最后一天,也在推动合格机构买家。
的Paytm上市是被一些人作为国家的象征作为全球资本目的地吸引力日益增加,特别是对中国科技股投资者寻找替代品。现在的问题迫在眉睫的3.5美元总额将股市的乐观情绪是否开车IPO融资,Sensex至纪录高位已走得太远。
评论
现在评论 阅读评论(1)所有评论
找到这个评论进攻?
下面选择你的理由并单击submit按钮。这将提醒我们的版主采取行动