Sunday, 22 August 2021

Paytm IPO Details - IPO Date, Price, GMP, Analysis & Review

One 97 Communications Ltd, founded in 2000, is India's leading digital ecosystem for consumers and merchants. As of March 31, 2021, the company has a customer base of over 333 million and over 21 million registered merchants offering payment, financial, commercial and cloud services. In 2009, the company launched its first digital mobile payment platform Paytm App, providing customers with non-cash payment services, and has now become the largest payment platform in the world. India is also the most valuable payment brand in terms of total brand value. According to Kantar BrandZ India 2020 report, $ 6.3 billion, investments and more. However, merchants can use the platform for advertising, online payment solutions, product offerings, and loyalty solutions.

Company Financials:

Summary of financial Information (Restated Consolidated)
ParticularsFor the year/period ended (₹ in million)
Total Assets91,513103,03187,668
Total Revenue31,86835,40735,797
Profit After Tax(17,010)(29,424)(42,309)

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