Size: India’s largest IPO at Rs 27,870 crore. Past Performance: Many large IPOs, including Paytm, Reliance Power, GIC, and New India Assurance, have underperformed. Successful Comparisons: Shares of Coal India, Zomato, DLF, and HDFC Life have outperformed their issue prices. Key Factors: Market Timing: Launching at an optimal market moment […]
Paytm
Paytm’s impressive share price rally of over 8% and a staggering 120% increase in just four months is a significant development. This surge likely reflects a combination of factors, including: Improved Financial Performance: Paytm may have reported better-than-expected financial results, indicating strong growth in its core business areas like digital […]
IRDAI Approval: The Insurance Regulatory and Development Authority of India (IRDAI) accepted Paytm General Insurance’s application to withdraw its registration for becoming a full-fledged general insurance company. Shift to Distribution: Instead of creating their own insurance products, Paytm will now focus on distributing insurance policies offered by other companies. They’ll […]