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IPO of PayTm

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IPO on 8th November 2021 The public issue comprises issuance of fresh equity shares worth  ₹ 8,300 crore and Offer for Sale (OFS) by existing shareholders to the tune of  ₹ 10,000 crore. Paytm's IPO is likely to be the biggest in the country's corporate history, breaking a record held by Coal India Ltd, which raised over  ₹ 15,000 crore more than a decade earlier.As per market observers, Paytm shares premium has slipped in the grey market, and commanding a GMP of  ₹ 62 today. The shares of the company are expected to list on leading stock exchanges BSE and NSE on November 18, 2021. “While valuations may appear to be expensive, Paytm has become synonymous with digital payments through mobile and is the market leader in the mobile payment space. Patym is well positioned to benefit from the exponential 5x growth in mobile payments between FY2021 – FY2026 and hence believe that the valuations are justified. We recommend investors to SUBSCRIBE to the issue," said Jyoti Roy - DV
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Market Movement In November

  Market Movement In November Nasdaq clinched their best months since November 2020. The Dow Jones Industrial Average rose 5.8% in October. The S&P 500 rallied 6.9% last month and the technology-focused Nasdaq Composite added nearly 7.3% in October. For the year, the S&P 500 is up more than 22%. In past years when the S&P 500 is up more than 20% in the first ten months of the year, performance in November and for the remainder of the year was positive every time, according to Bespoke Investment Group. Corporate earnings season dominated October amid solid profit results even with global supply chain concerns. About half of the S&P 500 companies have reported quarterly results and more than 80% of them beat earnings estimates from Wall Street analysts, according to Refinitiv. Market participants are gearing up for another week of corporate earnings, a key Federal Reserve meeting and October’s jobs report. Investors will also be monitoring the Federal Reserve’s two-day me
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  Market Research Project(NPA) The growth of economy depends basically on the factor that how much credit in the market is available for smoothly doing the business. And if there is no monetary wealth is present no business can grow. There are different fund houses, banks, payment authorities which provide the facility for the purpose. Lets understand this further with examples- Banks - Banks are the main lenders who provide you credit for the purpose of your business plans. Nowadays total no of recorded double-digit growth in all the years during the interregnum, the data showed. The number of loan accounts with schedule commercial banks (SCBs) increased by 9.5 per cent during 2020-21 to  29.8 crore. Fund houses- Source for credit apart from banks are these fund houses who have there contributions of more credit enhancers. Around 200 crore. As a result of Government's strategy of recognition, resolution, recapitalisation and reforms, NPAs have since declined to Rs 7,39,541 crore o
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