Paytm Grey market price and IPO analysis
Paytm shareholders on Monday 12 July 2021 approved the company to raise Rs12,000 crores via an initial public offering. The Noida based digital platform startup is expected to file an IPO prospectus and its IPO details in the coming weeks and planning to debut its IPO in November 2021
1. What is the Grey Market Price of Paytm IPO?
The share price of One97 Communications, Paytm’s parent company rises from Rs 11,600 to Rs 21,500 in weeks after the news of Paytm’s IPO plan
2. Who is the owner of Paytm?
paytm’s managing director and CEO is Mr. Vijay Shekhar Sharma
3. Is Paytm a Chinese company?
No, it is an Indian Startup digital platform, but Ant Group and Alibaba group of China hold nearly 38 % stake in the company.
4. Is Paytm a loss-making company?
Yes, But the revenue is still on a growth
5. Paytm IPO date?
Most probably, in November 2021
LIC IPO Grey market Price and analysis
LIC IPO launch is part of the government’s divestment plan, through which the government is expecting to raise 1.75 lakh crore for the Indian economy. LIC life insurance corporation of India has headquarters in Mumbai and branches all across India, it is the biggest insurer in India, and LIC’s IPO will be the biggest IPO launch in India.
Speaking at an event to mark Actuaries Day, an additional secretary in the Finance Ministry Amit Agarwal said, about 60 percent of the insurance industry business would be with listed entities. The sector as a whole has been growing at a pace significantly higher than that of the overall economy,”.
1. When will LIC IPO open?
LIC IPO is expected to open in November 2021
2. What is the LIC grey market price?
As of now the grey market price of LIC IPO is not available, as it is the biggest IPO launch in India the details and lot size of LIC IPO are yet not confirmed.
3. will be the right decision to invest in LIC IPO?
Yes, as it is the largest insurer in India and with continuous profitability and growth LIC is the best company in the insurance sector long term bet as well as listing gains
4. How to apply in LIC IPO?
LIC IPO can be applied through any Demat accounts and also with bank accounts
5. What is the chance of getting a LIC IPO?
It will be a tougher chance, as it is the most awaited IPO of 2021