Same happened with his discussions with Nikunj Dalmia.
Meanwhile
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very rough listing for Paytm, but Vijay Shankar’s interview was not encouraging to its shareholders. CFO should’ve handled that questions much better
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When told the truth about their UPI market share, Sharma was arrogant to accept it and says they’re the number 1 in Merchant payment market and math about their UPI share doesn’t make sense. Not a good way to start-off on the listing day after the stock got hammered.
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Kamath from zerodha shared his thoughts on new age /tech IPOs, a good quick read to get a top down view, understanding risk and calibrated allocation is key, as we as need of an audit framework for measuring performance ( as traditional world measures dont apply here)
Timing of article and paytm fiasco could just be a coincidence or deliberate- never know, nonetheless intent seems genuine.
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Macquarie’s Initiating coverage report on Paytm which purportedly caused today’s fall.
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it is not this report…may be due to these points.
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market participants destroyed the paytm just because of the attitude of the management during an interview may be on CNBC.
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HNI got funding from NBFCs at higher interest rates. since it was listed at discount thats why they chose to exit the stock.
and here is the video
I didn’t applied for paytm ipo because I asked my self and my near and dear as how many of them are using paytm to transfer money, literally no one is using.i asked almost 50 members and its a tie between gpay and phonepe. I don’t know how will paytm propell its payment business. They are continuously losing the market share in payments and the ceo is arrogant enough to not even acknowledge it.
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UPI has destroyed their entire business model.
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Sharma claims that investing public is misunderstanding the market share metrics of PayTM super app. He says the UPI data doesn’t fully capture the size of the payment platform. RBI data on mobile banking also has figures pertaining only for PayTM Payments Bank, and the overall size of mWallet is minuscule . So, where, in the public domain, is the figure Sharma is talking about? Surely, we are all misunderstanding, because we are being misled. The PayTM super-app is a huge sandcastle built on the PayTM Payments Bank. Discerning investors should assess financials of PPBL in order to analyse One 97 Communications Ltd.
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Also, Paytm doesn’t hold majority stake in Paytm Payments Bank Limited (PPBL). Vijay Shekhar Sharma(VSS) owns 51% of PPBL. Ideally, in my opinion, PPBL should pay Paytm to be allowed on their platform and using their name, since it is not their wholly-owned or majority-owned subsidiary. VSS gets 51% of PPBL’s profits for doing nothing for PPBL while Paytm provides PPBL their platform.
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A lot is being discussed about Paytm here, which is already listed on the bourses. So if possible, can you move all the posts to a separate thread, even if a new thread is not initiated by any member?
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LIC being a PSU, won’t get a PE multiple which private sector companies get.
And we can see IRFC, a PSU - ticking all the right boxes but is still bellow it’s IPO price. Can the same happen to LIC?
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I second the above opinion. Thankyou all!!
Supriya Lifescience IPO opens on Dec 16, price band to be announced on Dec 13