Paytm's Rs 18,300 crore IPO revisited: India's biggest listing that stumbled on debut
A retrospective on One97 Communications' Nov 2021 IPO at a Rs 2,080-2,150 band and $20 billion valuation. Anchor demand hit Rs 8,235 crore, but a weak market debut followed. A 2024 review highlights founder-versus-employee wealth gaps across new-age internet listings including Zomato and Nykaa.
Retrospective on Paytm's Rs 18,300 crore IPO (Nov 2021), one of India's largest, its weak market debut, anchor investor demand, and a 2024 review showing founder-versus-employee wealth gaps across new-age internet IPOs.