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Paytm crashed 28% on debut

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Paytm plunged 26% in a weak stock market debut on Thursday, a week after the country's biggest-ever IPO Extended losses after opening as the stock fell 28% from issue price, to hit an intra-day low of Rs1560 Despite the dip on debut the company clocked the valuation of over тВ╣ 1 lakh crore.
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Deal Subedar Deal Subedar
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What a disaster! Feeling sorry for small investors who invested. Failure of such an bumper IPO on an overbought market sends a big signal. The path of least resistance for market is DOWN. Beware and prepare an exit plan for your portfolio in advance. If possible, learn short selling. Will come handy
Shopping Friend Shopping Friend
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It was bound to happen wink Unfortunately the IPO was way overvalued and I was determined not to apply for the same even though my friends were also overwhelmed by just listening that Paytm had launched an IPO. Several reasons led to the price crashing like this - 1. Paytm is a loss making company with no past profits as far as I know. Who would have bought shares of a loss making company at a high price? 2. Paytm's business model is confusing. Yes it was and is a leader in market in wallets however now we have UPI, which is a favorite of our dimer "@abhishek012":https://www.desidime.com/users/...25 UPI payments are extremely convenient, reliable, needs no KYC which most people prefer like "@androgame":https://www.desidime.com/users/...51 which means anyone can set it up in minutes and it is read to go unlike wallets. So the wallet business which is the main business of Paytm is in grave danger and is headed towards extinction soon if the success of UPI continues. 3. Paytm cannot afford to charge anything on wallet payments for example even if it charges 1% or lesser for wallet payments in hope of income then people won't think twice before completely uninstalling and forgetting about Paytm 4. Paytm tried to diversify business like Paytm Mall, Paytm Credit card however as we know they horribly failed. 5. Paytm is the leader in payment banks but again here there's no scope of revenue. A bank's main earnings should be from lendings however Paytm Bank cannot lens so it has no income. Also if it starts charging for banking services people will stop using it right away (these days 0 balance accounts available even from major banks like Kotak, ICICI and others) Looks like Paytm came up with this IPO with the sole purpose of making the owners wealthy. It's possible that it's a long term bet however it's too long and definitely not valued at 2k+/share What are you views? "@bubbleboychickenlittle":https://www.desidime.com/users/1...07 "@bikidas2060":https://www.desidime.com/users/...51
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Deal Cadet Deal Cadet
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WhatтАЩs the right price to buy?

Helpful Helpful
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+1

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Deal Subedar Deal Subedar
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Offer toh deta nhi
Bas har mahine laakho add money karwa leta hai
50-100rs ke liye

Deal Lieutenant Deal Lieutenant
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ya toh offer dega ya equity pe return
Dono ek dusre ke wiprit h choice is yours laughing laughing
Kya chahiye wo decide kar lo

Deal Subedar Deal Subedar
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What a disaster! Feeling sorry for small investors who invested. Failure of such an bumper IPO on an overbought market sends a big signal. The path of least resistance for market is DOWN. Beware and prepare an exit plan for your portfolio in advance. If possible, learn short selling. Will come handy
Pro Entertainer Pro Entertainer
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Aap hi sikhaado, hum toh noob hain confused

Benevolent Benevolent
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koi cashback nahi tha share kharidne pe isliye
Deal Subedar Deal Subedar
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One 97 Communications was caught in a complete bear trap on listing day. The stock plunged as much as 26.2% to hit a low of Rs 1,586 amidst weak market conditions. HereтАЩs what experts think investors should do: https://www.moneycontrol.com/news/business/ipo/... #PayTmIPO #Paytm #PaytmListing

Deal Hunter Deal Hunter
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Ab samjha keya .. Hazaro Hazaro points ka chakkaar !

Tech Guru Tech Guru
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ItтАЩs too early to say any thing concrete about the future of paytm and itтАЩs stock.

When everyone is taking a gloomy view I would like take contrarian view :

1. Paytm has support of marquee investors.
2. No doubt itтАЩs highly overpriced but so are many stocks right now
3. No one can say if this will not be anything close to bajaj twins of future
as with ipo listing and with all these money paytm can anytime start anything new
4. I would be much more concerned if a company is trading at higher price than itтАЩs IPO price once itтАЩs trading starts on the bourses тАж it can be a trap to lure many newbies
5. At-least paytm hit lower circuit and it can not lure many retail investors now and some may say itтАЩs IPO price and distribution among retailers is enough for the previous stake holders to exit but once a ipo is listed there ought to be some trapping period by taking the price higher which I feel very much about Nykaa and Zomato and some other recent ipos too.
6. One interesting thing is more than 1cr of stocks was taken for delivery yesterday and itтАЩs too early to judge anything of it but itтАЩs sure that retailers were not behind this heavy volume even at this much discounted price.

Now letтАЩs wait for the time as it has all the answers. PS : holding my 6 stocks of Paytm biggrin

Deal Cadet Deal Cadet
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Hi bro, Is there any possible to paytm share comeback to 2150? or need to exit with loss.
How its possible firstday itself it down to 1600. Its already planned by paytm and sebi ?
Suppose whole traders bought/allotted @ Rs.2150. How & whom sell with loss & make it down? Everybody want to understand how its happened? will it be happened for any stock in future? Innocent people need answer?

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Deal Subedar Deal Subedar
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As per newspaper, investors lost 38,000 cr of wealth in Paytm yesterday

Trailblazer Trailblazer
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Coming Monday there wil b some block deals n stock goes up some one wil play

Pro Entertainer Pro Entertainer
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That's what you get for giving points instead of kesbekЁЯе║ЁЯШд
Deal Subedar Deal Subedar
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Paytm head dancing on apni toh jaise vaise kat jayegi apka kya hoga janabe Ali

Deal Cadet Deal Cadet
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Ye tho hona hi tha

Shopping Friend Shopping Friend
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It was bound to happen wink Unfortunately the IPO was way overvalued and I was determined not to apply for the same even though my friends were also overwhelmed by just listening that Paytm had launched an IPO. Several reasons led to the price crashing like this - 1. Paytm is a loss making company with no past profits as far as I know. Who would have bought shares of a loss making company at a high price? 2. Paytm's business model is confusing. Yes it was and is a leader in market in wallets however now we have UPI, which is a favorite of our dimer "@abhishek012":https://www.desidime.com/users/...25 UPI payments are extremely convenient, reliable, needs no KYC which most people prefer like "@androgame":https://www.desidime.com/users/...51 which means anyone can set it up in minutes and it is read to go unlike wallets. So the wallet business which is the main business of Paytm is in grave danger and is headed towards extinction soon if the success of UPI continues. 3. Paytm cannot afford to charge anything on wallet payments for example even if it charges 1% or lesser for wallet payments in hope of income then people won't think twice before completely uninstalling and forgetting about Paytm 4. Paytm tried to diversify business like Paytm Mall, Paytm Credit card however as we know they horribly failed. 5. Paytm is the leader in payment banks but again here there's no scope of revenue. A bank's main earnings should be from lendings however Paytm Bank cannot lens so it has no income. Also if it starts charging for banking services people will stop using it right away (these days 0 balance accounts available even from major banks like Kotak, ICICI and others) Looks like Paytm came up with this IPO with the sole purpose of making the owners wealthy. It's possible that it's a long term bet however it's too long and definitely not valued at 2k+/share What are you views? "@bubbleboychickenlittle":https://www.desidime.com/users/1...07 "@bikidas2060":https://www.desidime.com/users/...51
Generous Generous
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This. CouldnтАЩt have put it better.

Initially, I was interested but seeing the price, I felt it was way overvalued. It has been a loss making company for number of years with no profit in sight.

Feel sorry for the тАШInnocentтАЩ investors as seeing it was subscribed тАШonlyтАЩ 1.89 times- I think only the newbies got trapped while the тАШexpertsтАЩ decided to skip this (I maybe wrong)

@bikidas2060 Whats your expert view bro

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Deal Subedar Deal Subedar
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#Paytm got demonetised yesterday.

Deal Subedar Deal Subedar
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#Paytm took back all the тАЬcash backтАЭ they once gave you. laughing

Critic Critic
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3 reasons iтАЩm very happy with this poor show:
1) finally some investors sanity appears to be coming back
2) all newbies cowboy investors it is jolt for themтАж makes them more careful with their hard earned monies in future hopefully
3) Mobikwik must be sh#tying bricks ЁЯз▒ЁЯШЫ paytm ka yeh haal hai investor sentiment for its IPO definitely ЁЯСОЁЯП╗ ЁЯШО

Cc @bikidas2060 @androgame @malikcool @guest_999 @Gaurav_G

Deal Cadet Deal Cadet
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ThanksтАжwell clarified. So sebi also involved right? How they judge to list this price?

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Community Angel Community Angel
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рдЕрдзрд┐рдХрддрд░ рдмреНрд░реЛрдХрд░реЗрдЬ рд╣рд╛рдЙрд╕реЗрд╕ рдЬреЛ рдЯрд╛рд░рдЧреЗрдЯ рджреЗрддреЗ рд╣реИрдВ рдмрд╣реБрдд рд╣реА рдмреЗрд╡рдХреВрдлреА рднрд░рд╛ рд╣реЛрддрд╛ рд╣реИ рдЕрдм рдЬреИрд╕реЗ рдЗрд╕ рдмрд╛рд░ рднреЗрд▓ рдХреНрд╡рд╛рд░реНрдЯрд░ рдХрд╛ рд░рд┐рдЬрд▓реНрдЯ рдЖрдпрд╛ рдЬрд┐рд╕рдореЗрдВ рдЙрд╕рдиреЗ рдЕрдкрдирд╛ рд▓реЙрд╕ рдХрдо рдХрд┐рдпрд╛, рдмреНрд░реЛрдХрд░реЗрдЬ рд╣рд╛рдЙрд╕реЗрд╕ рдиреЗ рддреБрд░рдВрдд рднреЗрд▓ (BHEL) рдЬреЛрдХрд┐ 68 рдкрд░ рдЯреНрд░реЗрдб рдХрд░ рд░рд╣рд╛ рдерд╛ рдХрд╛ рдЯрд╛рд░рдЧреЗрдЯ 38 рдХрд░ рджрд┐рдпрд╛, рдЖрдИрд╕реАрдЖрдИрд╕реАрдЖрдИ рдбрд╛рдпрд░реЗрдХреНрдЯ рдХреЗ рдЯрд╛рд░рдЧреЗрдЯ рдХреЗ рдмрд╛рдж рднреА рдкрд┐рдЫрд▓реЗ 5 рджрд┐рдиреЛрдВ рд╕реЗ рд╡реЗрдЯ рдХрд░ рд░рд╣рд╛ рд╣реВрдВ, рд╕рд╛рд▓рд╛ рдкреНрд░рд╛рдЗрд╕ 60 рд╕реЗ рдиреАрдЪреЗ рдЬрд╛ рд╣реА рдирд╣реАрдВ рд░рд╣рд╛,

рдФрд░ рдЬрд╣рд╛рдВ рддрдХ рд╕реАрдПрдирдмреАрд╕реА рдЖрд╡рд╛рдЬ рд╕рд░реАрдЦреЗ рдмрд┐рдЬрдиреЗрд╕ рдЪреИрдирд▓реЛрдВ рдХреА рдмрд╛рдд рд╣реИ рддреЛ рдЗрдирдХреЗ рдХрд╛рд▓реЗ рдХрд╛рд░рдирд╛рдореЗ рдХрд┐рд╕реА рд╕реЗ рдврдХреЗ рдЫреБрдкреЗ рдирд╣реАрдВ рд╣реИ, рдиреВрдм рд░рд┐рдЯреЗрд▓ рдЗрдиреНрд╡реЗрд╕реНрдЯрд░реНрд╕ рдХреЛ рдмрд▓рд┐ рдХрд╛ рдмрдХрд░рд╛ рдмрдирд╛ рдХрд░ рдпрд╣ рд▓реЛрдЧ рдХрд╛рдлреА рдкреИрд╕рд╛ рдкреАрдЯ рдЪреБрдХреЗ рд╣реИрдВ

Deal Cadet Deal Cadet
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Still I believe Paytm stock is not not even worth 1200

Although I completely agree with your viewpoint on brokerage houses and news channel. These days YouTube and TG joined them. As someone said stock market is place where money transfer from impatient to patient

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Pro Mobile Guru Pro Mobile Guru
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and the FREE FALL continues !!

IPO Price : 2150
Already hit intra day low of Rs 1283 today

Macquarie rightly so called it money guzzler

Super Stud Super Stud
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https://cdn0.desidime.com/attachments/photos/724119/medium/20211122_152059.jpg?1637574709

Deal Subedar Deal Subedar
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https://cdn0.desidime.com/attachments/photos/724125/medium/IMG_20211122_154505.jpg?1637576216

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Deal Captain Deal Captain
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Indian payments firm MobiKwik will carry out an IPO later than initially planned, its CEO said, following the dismal market debut of larger rival Paytm earlier this month
https://www.reuters.com/world/india/exclusive-i...

Tech Guru Tech Guru
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MobiKwik after Paytm disaster

Deal Subedar Deal Subedar
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Unverified Data┬а https://cdn0.desidime.com/attachments/photos/724317/medium/SAVE_20211123_203915.jpg?1637680257
Indian Investors Lost approx 60k Crores

Tech Guru Tech Guru
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I have 2 of these pensive
Gone into drain

Deal Subedar Deal Subedar
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Now Paytm Retail Investors explaining advantages/disadvantages of Cryptocurrency ban #cryptocurrecy #CoinDCX #WazirX

Pro Mobile Guru Pro Mobile Guru
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All losses recovered. Already in green now ЁЯШАЁЯШАЁЯША

Critic Critic
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@topgear Among QIBs, anchor investors(they are the main backers of any ipo) canтАЩt sell their allotted shares before 30 days after allotment.

Tech Guru Tech Guru
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Paytm slumped 13%, the most since its second trading session after the regulatory lock-in on shares allotted to anchor investors in the IPO ended

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