Tech Firm Paytm Share Price To Plummet By 25 Per Cent, Says Macquarie Report

tech firm paytm

The global brokerage company Macquarie report stated tech firm PayTm share price could additionally lose 25 per cent from its existing share price. If so happened, the stock would reduce the investor’s wealth by half. Furthermore, the brokerage firm has reduced its target price for PayTm’s share to Rs 900 apiece. Macquarie had previously set the target price at Rs 1200 apiece, which is now reduced by 25 per cent to just Rs 900. However, PayTm was trading at Rs 1,173 per share.

Paytm IPO was one of the much-awaited IPOs but the tech company is showing very poor performance on the Bombay Stock Exchange and National Stock Exchange since its listing on the stock market in November month of the last year. Over time, the stock price has dropped by over 45 per cent in about three months.

Also Read: Unified Payments Interface AKA UPI Outage Crumbles GPay, PayTm and Phonepe

According to analysts at the global brokerage Macquarie, tech firm Paytm had a target price of Rs 1,200 a share at the beginning of this year, but the analysts now expect the stock to fall by a further 25 per cent. A drop in profit estimates for the tech firm Paytm has also been made by the stockbroker. In a statement, Macquarie noted that decreased distribution and commerce/cloud revenues, largely compensated by stronger payment revenues, are pushing the company to “basically drop revenue expectations for FY21-26E on average by 10 per cent per year.” As a result of fewer sales and greater staff and software expenditures, the company’s loss predictions for fiscal year 22 have been raised by 16 to 27 per cent.

Macquarie analysts also forecast reduced revenues for commerce and, especially, distribution business given to less demand. The firm said, “Competition will impede commerce revenue growth, and the distribution business will continue to be dominated by small ticket BNPL loans, thus limiting profit potential in our opinion.”

Bumpy Future For The Tech Firm Paytm Ahead

The near future for the tech firm PayTm is predicted to be bumpy. The major reason is considered to be the latest RBI regulations related to digital payments. Paytm still earns more than 70 per cent of its revenues from the payments business. In case the Reserve Bank of India starts capping charging on the payments made through the app could badly hit PayTm’s business. Furthermore, the insurance regulatory authority IRDA turned down PayTm’s proposal to venture into the insurance business. Macquarie brokerage firm believes IRDA’s rejection could also impact Paytm”s attempt to obtain a bank license.

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The global brokerage firm also raises concern over the reducing number of senior management staff at the tech firm Paytm. Macquarie firm claims PayTm senior executives are resigning from their posts, which might shadow the company’ operations if the staff continues to leave the tech firm. Also, PayTm’s permitted loan facility is as low as Rs 5,000 and will ensue lower costs than expected.

On the other hand, the optimistic viewpoints on the tech firm Paytm shares from Jp Morgan and Morgan Stanley have attempted to justify the current prices of PayTm share, while the analysts at Macquarie have labelled them as “excessively costly.” As the letter said, “the stock trades at 17 times FY23E revenues, which we feel is exorbitant.” A 25 per cent decline in Paytm’s current market price and a 58 per cent decline in the company’s initial public offering (IPO) price are suggested by the lower target price of Rs 900 a share.

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Data Patterns IPO: Share Allotment Status Declared Today, Know How To Check Allotment Status

data patterns ipo

Data Patterns Limited issued its Initial Public Offering (IPO) on December 21, 2021. Data Patters IPO received a massive response from investors when it announced that it was open for subscription on December 14, 2021. Data Patterns closed its IPO on December 16, 2021. 

Data Patterns IPO is one of the four IPOs listed on the stock exchanges today. The other three include MapmyIndia, MedPlus Health, Metro Brands.

The bid price of Data Patterns IPO is Rs 585 per share. Its Face value is Rs 2 per equity share. The size of Data Patterns IPO is Rs 588.22 crore and will be listed at BSE and NSE. The lot size of the Data Patterns Limited IPO is 25 equity shares. Pre-issue shareholding of Data Patterns is 58.63%, and post-issue shareholding is 45.62%.

Also Read: 3 Days MedPlus Health IPO Open For Subscribing Today, See Share Price, Lot Size, Schedule And Reviews

If you have invested in the Data Patterns IPO, then you can check the share application status in the following ways:

1. BSE Website

2. Registrar’s website

You can check IPO allotment status for Data Patterns on the BSE website by following the below steps: 

Step 1: Go to the BSE website by clicking on the URL: https://www.bseindia.com/investors/appli_check.aspx 

Step 2: It will show you the ‘Status of Issue Application’ page. On this page, you click the ‘Equity’ option.

Step 3: Select Data Patterns (India) from the drop-down adjacent to Issue Name.

Step 4: Enter your application number and PAN card number and click search. It will show you the status of your application.

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You can also use Registrar’s website, Link Intime India, to check the allotment of Data Patterns IPO by following the below process: 

Step 1. Go to the Link InTime website

Step 2: Select the ‘Data Patterns Ltd’ option from the drop-down list adjacent to Company. 

Step 3: You need to enter either of the three modes: Application number, Client ID and PAN ID. 

Step 4: Select between ASBA and non-ASBA application types.

Step 5: Enter details of the mode you have opted in Step 3, fill the captcha and enter the ‘Submit’ option.

The date of refund initiation for unsuccessful bidders of Data Patterns IPO is December 22, 2021, and the shares will be credited into the Demat Account on December 23, 2031. The shares of the IPO will be listed on December 24, 2021. 

Data Patterns Limited was founded in 1985 and is one of the fastest-growing companies in the Defense and Aerospace Electronics sector and has proven its in-house designs and development capabilities. Data Patterns India Limited makes various products associated with defense and aerospace and provides services like software engineering, firmware engineering, environment testing, mechanical engineering, electronics hardware engineering, functional product testing, prototype design, and engineering services.

Also Read: Maruti Suzuki To Hike Car Prices Next Month 

The Company provides indigenous integrated and strategic defense and aerospace electronics solutions and thus benefits from the Indian government’s ambitious ‘Make In India’ scheme.

3 Days MedPlus Health IPO Open For Subscribing Today, See Share Price, Lot Size, Schedule And Reviews

medplus health ipo

Medplus Health IPO (Initial Public Offering) opened up today in the primary market and will end three days after on Wednesday, December 13 2021. Medplus Health, India’s second-biggest online pharmacy after NedMeds, is eying to raise Rs 1,398.29 crore through the issue.

Medplus, an omnichannel platform launched in the year 2006, has priced its shares between Rs 780 to Rs 796 a piece. MedPlus Health IPO will consist of freshly released shares worth Rs 600 crore and existing shares worth Rs 798.29 crore offloaded by the current shareholders of the online pharma company.

MedPlus Health IPO Lot Size

One lot of MedPlus Health IPO consists of 18 shares. Interested investors are required to purchase a minimum of one lot. Given that, the minimum amount to be invested in the MedPlus shares is Rs 14,328.

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MedPlus Health IPO Reserved Quota

HedPlus Health IPO will see a reservation quota for its employees, retail buyers, and Qualified Institutional Buyers. MedPlus will offer shares worth Rs 5 crore to its employees at a discount of Rs 78 per share on the final issue price. On the other hand, 50 per cent of the issued shares will be reserved for the qualified institutional buyers, 35 per cent will be kept for retail buyers, and the remaining 15 per cent shares will be allotted to the HNI investors.

MedPlus Health IPO Schedule

The final allotment of the MedPlus shares will be conducted by December 20. Shares of the pharma company will get deposited into the Demat accounts of confirmed shareholders by December 22. Later, MedPlus will list on the Bombay Stock Exchange and National Stock Exchange on December 23.

About MedPlus Health Services

Located in Hyderabad, MedPlus Health Services was founded by Madhukar Gangadi in 2006. Running 48 pharmacies in Hyderabad to expand its business to 2000 pharma stores spread across seven states, the pharma company has shown surging growth since its inception.

Medplus was the only retailer in 2015 to offer its services through omnichannel, which means the pharma company provided its services both online through its website, mobiles apps and offline through its outlets.

MedPlus deals in a vast range of products comprising wellness and skincare products, pharmaceutical products, and Fast Moving Consumer Goods.

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MedPlus Health IPO Reviews

The MedPLus IPO has awarded a subscribe rating from brokerage company Prabhudas Lilladher, which predicts that Medplus will scale up in terms of growth and profitability due to a fast pace of store growth; the advantages of economies of scale, and a quicker break-even point.

“We anticipate Medplus will trade at a higher multiple due to the fact that it is a pure-play omnichannel enterprise with a scarcity premium and robust growth rates,” the Prabhudas Liladher report suggested. 

As per ICIC Securities’ report that shed light on the risks involved in the business, “Medplus’ operations are exposed to high working capital requirements, and any changes in product mix can exert a negative impact on margins.”

While issuing a “subscribe” rating to the MedPlus Health IPO, it also highlighted that Medplus, with its retail clustering presence, is ideally suited to benefit on an omnichannel platform with a hyperlocal service platform and is offered at a competitive rate, among other things.

MedPlus Health Services posted a profit of Rs 63.11 crore for fiscal year 21 compared to a loss of Rs 1.79 crore in fiscal year 20. Revenue grew to Rs 3,069.26 crore during the period, up from Rs 2,870.6 crore before.

Also Read: Zoomcar raises $92 million led by NYC-based SternAegis Ventures

The pharma company recorded total sales of Rs 1,890.9 crore for the quarter that ended on September 30, 2021, and a net profit of Rs 66.36 crore for the same period.

HDFC Trustee, Aditya Birla Sun Life, SBI Mutual Fund, Nippon Life, Kotak Mutual Fund, Motilal Oswal Mutual Fund, and HDFC Life Insurance, among others domestic investors, made investments in the company. Other domestic investors include ICICI Prudential Life Insurance, SBI Life Insurance, and Edelweiss.

Anand Rathi Wealth Management IPO : Seeks 660 Crore, Launch Date, Share Price, GMP And Review

anand rathi wealth management ipo

Anand Rathi Wealth Management IPO (Initial Public Offering) is all set to be available for purchase amid the IPO-packed week. Rakesh Jhunjhunwala’s Star Health Insurance launched on November 30, and Tega Industries launched on December 1 are a few reputed IPOs that will compete with Anand Rathi IPO.

The initial public offering of Anand Rathi, the biggest non-banking wealth solution firm in India, is expected to raise Rs 660 crore through its IPO bidding. The recently launched and much-talked IPOs, including Nykaa, Policy Bazar and Zomato, have received overwhelming responses and raised many companies’ interest in going public. Anand Rathi Wealth Management IPO will be the 56th IPO in the soon-to-over year 2021.

More Details About Anand Rathi Wealth Management IPO

Anand Rathi Wealth Management IPO will be purely an OFS (Offer For Sale) sale of 1.2 crore shares. According to the official statement of the wealth management company, its current stakeholders include Anand Rathi, Amit Rathi, Supriya Rathi, Pradeep Gupta, Preeti Gupta, Firoz Aziz, and Rawal Family Trust will sell off their 92.85 lakh shares in the company. Jugal Mantri is also selling off his 90,000 shares.

The stock sell includes half of the shares reserved for Qualified Institutional Buyers, 15 percent shares reserved for the Non-Institutional Buyers. Additionally, the Anand Rathi Wealth management IPO has kept 2.5 lakh shares reserved for the company’s employees at Rs 25 discount apiece on the final issue price. At the same time, 35 percent of the total shares are reserved for retail buyers.

The Anand Rathi Wealth Management IPO’s book-running managers are BNP Paribas, Anand Rathi Advisors, Equirus Capital and IIFL Securities, while the registrar is Link Intime India.

Also Read: Tarsons Products IPO Shares Allotment Status Is Out Now! See How To Check Your Status

Price Band and Lot Size Of Anand Rathi Wealth Management IPO

The Anand Rathi Wealth Management IPO price is set between Rs 530-550 apiece. On the other hand, the GMP (Grey Market Price) of the IPO is trading at a premium of Rs 125 to the price decided by the IPO company. So, the GMP price of Anand Rathi shares will be 550+125 = Rs 675, which is 20 percent more than the actual value of one share.

One lot of the IPO will comprise twenty-seven shares. The interested subscribers will have to purchase a minimum of one lot at the upper value of Rs 550 per share for Rs 14,850.

When Will The Anand Rathi Wealth Management IPO Launch?

The Anand Rathi Wealth Management IPO will be available for bidding on December 2, 2021. The three-day-long IPO will conclude on December 6 and is expected to bring 660 crores to the Anand Rathi Group at the upper share value set at Rs 550 per share.
Also, the company is expected to list on The NSE and BSE exchanges by December 14. Here is the schedule for the Anand Rathi Wealth Management IPO proceeding:
Anand Rathi IPO launch date: December 2, 2021

IPO end date: December 6, 2021

Share Allotment beginning date: December 9, 2021

Refund initiation date: December 10, 2021

Allotment date: December 12, 2021

BSE and NSE Listing Date: December 14, 2021

Also Read: 4 big IPOs to look out for in 2022

Brokerage Reaction On Anand Rathi Wealth Management IPO:

According to the brokerage firm Marwadi Shares and Finance Limited, the company is one of India’s leading non-bank mutual fund distributors with a presence in Non-Convertible Market Linked Debentures. It is available at reasonable valuations when compared to its competitors. “Taking into account the FY-22 annualised EPS of Rs.29.46 on a post-issue basis, the firm is set to list at a price-to-earnings ratio of 18.67x with a market capitalization of Rs.22,889 million, whilst its competitor, IIFL Wealth Management, is trading at a price-to-earnings ratio of 24.59x (FY22 annualized). This initial public offering (IPO) has a “Subscribe” grade from us.”

About Anand Rathi Wealth

Anand Rathi Wealth, who began its operations in 2002, has spread over 11 cities across India and has one office in Dubai. The AMFI certified firm operates as a mutual fund distributor firm that provides comprehensive investment solutions to more than 6,500 active clients in a financial instrument.

The wealth management firm has earned a profit of Rs 45.09 crore in the current year and Rs 265.23 in the same year. Anand Rathi Group had previously applied for IPO in 2018, but they withdrew the application later.

Also Read: Purplle plans to go for an IPO in 3 to 4 years: Co-founder

Tarsons Products IPO Shares Allotment Status Is Out Now! See How To Check Your Status

Tarsons Products IPO

Tarsons Products IPO, which was offered for subscription from November 15 to November 17, seemed to have an overwhelmingly positive response throughout the period. Following that, Tarsons Products has announced today that the company has finalized its Rs 1023.47 crore initial public offering (IPO) allocation.

As part of Tarsons Products IPO, the company raised Rs 1,023 crore. The Tarsons’ IPO included a new issuance of Rs 150 crore and the rest was raised via an offer for sale by selling stockholders. Subscriptions to the Qualified Institutional Buyer (QIB) reserved quota reached a subscription of 115.77 times, while the Non-Institutional Investor (NII) reserved quota was subscribed 184.54 times, Retail Individual Investor (RII) was subscribed 10.56 times, and the Qualified Institutional Buyer (QIB) reserved quota received 1.83 times subscriptions.

Tarsons Products’ shares, on the other hand, were selling on the Grey Market at Rs 812, with a premium of Rs 150, which increased to Rs 170 after a period of trading. The grey market is an unauthorised marketplace where IPO shares are traded beginning with the announcement of the price band and continues until the shares are listed on the stock exchanges.

“As can be seen by grey market premium, this is an appealing firm that is offered at a fair value and has the potential to earn a 30 percent listing premium. Tarsons’ future prospects, on the other hand, will be tied to the pharmaceutical business, which is now experiencing a slowdown ” says Wright Research founder Sonam Srivastava, who is also its CEO.

Also Read: Purplle plans to go for an IPO in 3 to 4 years: Co-founder

Tarsons Products is an Indian labware company that designs, manufactures, and supplies high-quality labware equipment and consumables to research institutions, including Dr Reddy’s Laboratories, Agappe Diagnostic, the Institute of Chemical Technology, the Metropolis Healthcare System, the National Centre for Biological Sciences, Dr Lal Path Laboratories, the Molbio Diagnostics Corporation, and Syngene International, among others. Tarsons Products manages its operations through its five manufacturing facilities in West Bengal.

After Tarsons Products IPO, the company is expected to list on the Bombay Stock Exchange and the National Stock Exchange on November 26. Based on the significant grey market premium, good financials with healthy ratios, and great growth potential in the longer term, Stocks Experts predict that the company will list on the BSE and NSE at a 20-30 percent premium to the issue price.

Bidders who are keen to find out whether they have been allotted Tarsons Products IPO shares or not can now check their share allocation status either on the BSE’s official website or on the website of Kfintech Pvt Ltd, the company that handled the company’s initial public offering.

Also Read: Delhivery files DRHP for IPO with SEBI, issue size of Rs 7,460 crore

Check Tarsons Products IPO (Initial Public Offering) allocation status on the BSE website.

  1. Bidders who submitted applications for the Tarsons Products Initial Public Offering (IPO) may check the progress of their applications by logging onto the BSE official website through the URL bseindia.com/investors/appli check.aspx.
  2. After login onto the BSE’s official website, go to the Tarsons Products Initial Public Offering (IPO).
  3. Provide your IPO application number in the following field.
  4. The site will then ask you for your PAN card information; provide your PAN number in the exact forma
  5. Confirm that you are not a robot by completing the captcha.
  6. Finally, click on the ‘submit’ button to complete the process.
  7. The application status of your Tarsons Products will be shown on your computer’s display screen.

Check Tarsons Products IPO (Initial Public Offering) allocation status on the KFintech website.

  1. Log onto the KFintech website using this direct URL – kprism.kfintech.com/ipostatus/
  2. After signing in, pick Tarsons Products IPO from the drop-down menu.
  3. You will be asked to provide information such as your Application Number, DPID/Client ID, or PAN card number. You have the option of selecting any of these.
  4. Fill out the form with the specifics of your desired option from the previous step.
  5. Complete the Captcha information.
  6. After that, click on the ‘Submit’ button.

Paytm Shares Dip Down By 26 Percent, Founder Sharma Optimistic About Better Performance

paytm shares

Paytm shares plummeted as low as 26 percent in just a day after its stock listing. Paytm’s initial public offering (IPO) on the stock exchange markets was one of the crowning achievements in the company’s transformation from a startup to a prominent payments services platform in India. Paytm was listed on the Bombay Stock Exchange and the National Stock Exchange on November 18, 2021, after its most extensive initial public offering (IPO) in a decade.


While the Paytm group as a whole was enjoying the listing event, the paytm shares price was plummeting. Paytm’s stock price on the stock markets was Rs 1950, which was 9.3 percent lower than the company’s initial public offering (IPO) price of Rs 2150.The decline in the stock price continued on the second day as well, with the stock price plummeting to as low as 26 percent.

Because of Paytm’s slight and relative lack of success compared to other recent successful public offerings such as Nykaa, Zomato, and Policy Bazar, many stock market professionals were not surprised by the company’s lackluster performance on the BSE and the NSE. Nykaa’s initial public offering (IPO) grabbed headlines attributed to its outperformance, which resulted in its founder Falguni Nayar becoming a billionaire overnight.

Paytm’s dismal performance on the stock market, particularly when a large number of angel investors are putting their money into Indian companies, came as a surprise to many who purchased the paytm shares. A shaky start for Paytm, according to its founder Vijay Shekhar Sharma, has been a source of disappointment for him. He went on to say that it was just the first day and that he had high hopes for the future.

Also Read: All you need to know about the Paytm IPO that revealed today

Paytm’s first public offering (IPO) valued at Rs 18,300 crore was oversubscribed by just 1.95 times, much lower than the interest created by other public offerings such as Zomato and Nykaa. While it is true that Paytm’s first public offering (IPO) was far more significant in scale, several experts expressed concerns about the IPO’s price, profitability, and long-term prospects.

The following aspects are believed to be a cause of Paytm shares’ poor performance on the stock markets.

Poor IPO Subscription.

Paytm’s first public offering (IPO) got a much lower reaction than other recent IPOs that saw strong stock market debuts. The company’s initial public offering (IPO) had a lackluster response on the first two days and was only marginally oversubscribed on the final day.

However, unlike Zomato, Nykaa, and other smaller companies, the payments firm’s first public offering (IPO) did not get a favorable response from the public market. Consequently, Paytm’s underwhelming reaction to its first public offering (IPO) seems to be one of the causes contributing to the company’s lackluster stock market debut.

Over Priced Value Of Paytm Shares

The pricing range for Paytm’s first public offering (IPO) was determined at Rs 2,080-2,150 per share, with the business valued at $1.39 trillion at the higher end of the price range.

Various investment firms had voiced concern about the paytm shares price, claiming that it was costly in their opinion. The reason for their belief is tied to the financial situation of the organization. While the firm has been able to reduce its losses and diversify its primary business, it has not yet generated a profit.

Also Read: Paytm in talks to raise $1.1 billion from blue-chip global tech funds

Macquarie Research’s Critical Report

According to research published by the firm, Macquarie Research experts recently concluded that Paytm’s business strategy lacked concentration and direction. The target price for the stock was maintained at Rs 1,200 by the experts. Suresh Ganapathy and Param Subramanian of Macquarie Research wrote the research, which was published on Tuesday.

With the rapid growth of UPI payments, PayTM’s dabbling in various business lines prevents it from becoming a category leader in any area, except for wallets, which are becoming more insignificant. We believe that competition and regulation will push unit economics and growth prospects down in the medium term,” the brokerage said in the research.

Also Read: Paytm to become one of top 50 most valued listed companies

The CEO of Vijay Shekhar Sharma responded to the Macquarie Research analysts’ report by saying, “I would want to emphasize that our business strategy is solid and powerful.” It’s been an up and down day. I wish things might have gone better, but overall, it hasn’t been a very horrible day. It is a historic day for both India and us. I’d tell you to hang in there because I’m fighting for you with all my heart.

We hope that the outcomes of the next several quarters will instill much greater confidence and faith in everyone. At the same time, I want to express my gratitude for your trust and confidence in Paytm, which allows us to be there for you.’ Vijay Shekhar Sharma went on to say more.

Also Read: Paytm will not force employees to come to office: CEO

Nykaa Shares Still On Fire On Day 2! More Details Inside – Falguni Nayar Background, Nykaa’s Association With Katrina Kaif And More

Nykaa Shares Still On Fire! More Details Inside - Falguni Nayar Background, Nykaa's Association With Katrina Kaif And More

Nykaa shares received an unprecedented welcome on Stock Market. The fashion and personal care segment company debuted on the Bombay Stock Exchange and National Stock Exchange on 10 November with a 96 percent premium to its face value set at Rs 1125 apiece.

Nykaa had opened up its three-day-long Initial Public Offering (IPO) for its shares on 28 October 2021. As per the data published on BSE, the share allotment reserved for Non-Institutional Buyers (NIB)/ witnessed a subscription of 112 times, while the fraction of Nykaa shares reserved for Qualified Institutional Buyers received a subscription of 91.8 times. Also, employees subscribed to the Nykaa shares reserved for employees 1.88 times. Before the official listing of Nykaa on the stock exchange, it was also trading in Grey Market with a premium of Rs 570.

The market value of Nykaa shares has risen to Rs 1,04,438.88 crore after its listing on the stock exchange. Overwhelming response to the IPO and day one of Nykaa’s listing have helped the etailer company surpass the market capitalization of a few leading companies, including Godrej Consumer Products and Britannia Industries. Godrej Consumer Products has a total market capitalization of Rs 99,916 crore, while Britannia Industries has Rs 89,051 in market capitalization.

Cosmetics and personal care had remained an undervalued industry, albeit with 20 percent contributions to the e-commerce sector. With the launch of Nykaa, Falguni Nayar has endeavored into something that was neglected or, say, something that was given less importance.

Make-up is not just a means for looking presentable but also a way of wearing your opinion. Falguni Nayar has, therefore, facilitated India’s populace a medium to find beauty and personal care products regardless of their gender. Nykaa has more than 1.8 million products on the platforms, including various premium to mid-range brands. Nykaa also manufactures some beauty products under its label.

Success ladder of Nykka

Falguni Nayar founded Nykaa in 2012 on a bootstrapped basis. In an interview three years ago, she said that it was not difficult for her to explore funding opportunities. Still, she wanted to carve a unique identity of Nykaa before she would decide to approach the investors.

For the first two years, Falguni Nayar and her husband bore the company expenses on their savings. Falguni Nayar managed to bring substantial growth to Nykaa by the end of the second year.

Nykaa bagged its first investment from angel investors two years later, in 2014. The series A round of funding fetched Rs 20 crore to the company. Some of the early investors in Nykaa included Indra Banga and Harindarpal Singh Banga. The market valuation of Nykaa after receiving the first investment has touched Rs 120 crore. Nykaa shares price was Rs 97.4 apiece.

A year later, in July 2015, Nykaa received another Rs 59.6 crore in funding from TVS Capital, heightening the company valuation to Rs 500.7 crore.

After a gap of four years, the company managed to bag Rs 100 crore in a Series E round of funding. The market capitalization of Nykaa at that time was inflated to Rs 5,713 crore. TPG Growth was the leading investor in Nykaa in the Series E funding round in March 2019. Nykaa shares price in 2019 March was Rs 3,530 apiece.

Nykaa, in March 2020, had a moment to celebrate when it turned into a unicorn company. Nykaa received Rs 166.6 crore in funding from Steadview Capital in a Series E3 round. After the E3 round of funding, the total market capitalization of Nykaa had settled to Rs 10,140 crore.

Nykaa has shown tremendous growth in a short period. For some time, the company had reported a loss during the corona pandemic. But Nykaa managed to scale up its growth rapidly in the post-pandemic time.

According to the close observers of the online shopping platform, tire II and III cities are playing a seminal role in boosting the company’s profit chart. Nykaa has also published a report stating tier II and III towns have contributed 64 percent of their revenue in 2021 compared to 59 percent in 2020. While the share price of Nykaa increase to Rs 6,569.

Followed by the constant growth in Nykaa, the networth of Falguni Nayar has also increased to $7.4 billion over time. She is also counted in the top 20 richest Indian billionaires.

Who Is Falguni Nayar?

Falguni Nayar is an Indian Institute of Management Ahmedabad alumni working as a banker before she founded Nykaa – a content-based e-commerce platform founded in 2012. She spent a significant part of her career working in Kotak Mahindra Capital Co. She was also deployed in the bank as the managing director and was leading institutional equity business. Falguni Nayar hails from Gujrat. Her father owned a bearings firm.

How is Katrina Kaif associated with Nykaa?

Katrina Kaif With Falguni Nayar And Her Daughter Adwaita Nayar

Katrina Kaif’s presence in Nykaa’s stock market bell-ringing event was confusing for many people. For the uninitiated, Katrina Kaif has a tie-up with Nykaa and is one of the company’s investors.

Nykaa, in association with Katrina Kaif, has formed a beauty brand called Kay Beauty. Katrina Kaif is the co-owner of Kay Beauty and plays an instrumental role in branding and formulating growth strategies.

Speaking to NDTV about Katrina Kaif’s presence to the bell ringing event, Falguni Nayar said: “Conjointly with Katrina Kaif, we own a brand called Kay Beauty. It is a brand that we founded together and she has helped us significantly in building the brand. She is co-owner and also designed the brand we are building together. She is a business partner of Nykaa and so she was here today.

Alia Bhat, Bollywood actress and daughter of Mahesh Bhatt, is also an investor in Nykaa.

Should you invest in Nykaa Shares?

Nykaa is a content-based e-commerce platform that deals in cosmetics and personal care products; some of them are self-manufactured by Nykaa.

Brokerages gave a positive response to Nykaa’s stock listing and suggested subscribing to the stock. Santosh Meena, head of research at Swastika, commented on Nykaa’s long-term performance of the stock exchange: we expect a surge in Nykaa’s stock for the next 1 2 days. Then it might settle down for some time. Nevertheless, Rs 2000 could perform as a support level in the near future. Aggressive investors can hold the stock for the long term, he suggested further.

What does Nykaa mean?

Nykaa is the word derived from its Sanskrit namesake ‘Nayaka,’ which means a heroine, or the one becomes a center of attraction.

Paytm IPO: Rs.18,300-crore IPO, India’s biggest so far, gets fully subscribed

Paytm IPO

Paytm IPO, India’s largest such sale, Drew bids for 1.89 times the shares on offer, as institutional investors bid sharply on the third and final day of the share sale.

In the initial 2 days of Paytm IPO, investors looked as if it would show a lukewarm response to the share sale of One97 Communications Ltd, with the corporate that runs the Paytm payments service receiving bids for fewer than half of the shares on offer. Paytm, that started to raise that,300 large integer through its IPO, can doubtless build its stock market debut on eighteen Nov

Exchange knowledge showed that institutional consumers bid for 2.79 times the shares offered to them, whereas the retail book value around ₹1,830 crore, was signed 91.66 times at the top of the ultimate day. Overall, investors bid for ninety one.4 million shares for 48.3 million shares accessible.

“We area unit overwhelmed by the outstanding response to the Paytm commercialism shown by institutional investors, financial giants, mutual funds and after all, retail investors,” said a Paytm spokesperson.

According to a ten Nov report, Canadian pension fund CPPIB doubled down on its bet on the Noida-based company, with a bid of around ₹1,280 crore.

The fund had additionally taken half within the IPO’s anchor book allotment every day before the issue opened to broader investors.

Last week, Paytm raised ₹8,235 crore from anchor investors, with the anchor round subscribed ten times.

Of world wide web proceeds from the sale of new shares, ₹4,300 crore will be used for growing and strengthening the Paytm payments ecosystem, together with the acquisition and retention of consumers and merchants. ₹2,000 crore will be utilized for investing in new business initiatives, acquisitions, and strategic partnerships.

In addition, residual funds will be used for general company purpose.

Paytm is India’s largest digital ecosystem for consumers and merchants, with a gross merchandise worth (GMV) of ₹4 trillion in FY21.

GMV, or the whole worth of merchandise oversubscribed over a amount, measures the utilization of a site to sell merchandise owned by others.

As of thirty June, Paytm offered payment services, commerce and cloud services, and money services to 333 million customers and twenty two million registered merchants.

Paytm derives most of its revenue from dealings fees collected from merchants for payment services.

The company had negative money flows from operational activities for FY19, FY20 and FY21, primarily because of operational losses and on account of further capital necessities.

Paytm, that started as a bill payments and mobile recharge platform in 2010, bit by bit created a payments-led ‘super app’ and evolved into a comprehensive payments system, covering payments, credit, insurance, merchants, wealth management, e-commerce services, among others.

Also Read: Paytm Willing To Offer Cryptocurrency Trading, Waiting For The Clear Stand Of Govt.

                Paytm to become one of top 50 most valued listed companies

4 big IPOs to look out for in 2022

IPOs (initial public offerings) have generated a lot of buzz in recent months. non-public businesses and startups looked to profit on the positive capitalist sentiment within the market.
Over forty companies launched their IPOs in 2021 (until September) raising over ₹700 bn.
Around thirty more are probably to come out with their IPOs within the October-December quarter as well as fintech big Paytm, and insurtech firm Policybazaar.

Most of those IPOs are profitable for investors and are trading on top of their issue value.

For instance, the stock of home health care and wellbeing product maker Nureca has surged over 300 percent to  ₹1,738 from its issue value of  ₹400.

The stock of Paras Defence has rallied over 380% to  ₹846 from its issue value of  ₹175 per share.

If the market momentum continues and therefore the liquidity remains high, then the remaining IPOs may witness strong demand.

This momentum is predicted to be carried into the New Year as well. Here are four IPOs to appear forward to in 2022.

#1 life insurance Corporation of India (LIC)

State-owned life insurance Corporation of India is anticipated to come out with its IPO sometime within the fourth quarter of the fiscal year 2021-22.

The ipo is expected to be India’s biggest-ever initial public offering with the govt. selling a stake of 5-10% within the insurance company.

The listing are going to be crucial for the govt. to fulfill its withdrawal target. It’s estimated that this ipo would fetch the government the govt. bn and ₹800 bn.

LIC is India’s largest life insurer, with substantial money reserves and a long history of trust.

It’s additionally the foremost profitable company owned by the govt.. consistent with a media report, the insurer created a stock market profit of around ₹100 bn just between april and June 2021.

LIC additionally features a large market share of 49.8%. The remaining twenty three private companies like HDFC Life and ICICI prudential life insurance have the remaining 50.2% share.

As per media reports, a ministerial panel dubbed, the ‘alternative mechanism on strategic divestment’, can select the size of the stake to be sold . It’s probably it’ll not be over 10 percent.

Other details like the value band, the grey market premium, exact issue size and face price of the IPO are yet to be disclosed. it’s also unclear what the precise dates of the IPO are going to be as of now.

That apart, the govt. is considering a proposal for foreign investors to own as much as twenty percent in LIC, which might enable them to participate within the nation’s biggest IPO.

It’s discussing a plan to amend foreign direct investment (FDI) rules in order that investors will acquire the stake without the government’s approval under the so-called automatic route.

No matter what happens, this can be this is be the defining IPO event of 2022.

#2 Byju’s

India’s most beneficial startup, online education supplier Byju’s, is also in talks to lift money via an IPO next year.

It plans to raise between US$400 m to US$600 m.

The Bangalore-headquartered company is predicted to shut its pre-IPO fundraise during a few weeks at a valuation of about US$21 bn. It’s probably to be split roughly evenly between equity and debt.

Byju’s aims to file its initial IPO documents as early because the second quarter of next year, shortly after the close of its fiscal year in March.

It had previously looked at a timeline of twelve to twenty four months after the fundraise.

As per reports, the startup and its bankers are discussing a valuation of US$40 bn to US$50 bn. Byju’s was valued at US$18 bn in its latest round last month, up from US$16.5 bn in june 2021.

The online education startup has prominent international investors as well as Facebook founder Mark Zuckerberg’s Chan-Zuckerberg Initiative, Naspers, Tiger global Management, and private equity giant Silver Lake Management.

Its bankers include Morgan Stanley, Citigroup, and JPMorgan Chase.

Byju’s has been on an acquisition binge in the past year, getting startups offering coding lessons, professional learning courses, and check preparation classes for competitive Indian exams.

The company added forty five m students to its platform in India last year. It had more than one hundred m users on the app in July 2021. Of these, 6.5 m were paid subscribers.

The company said that it’s targeting ₹100 bn (US$1.4 bn) revenue within the fiscal year 2022, with a twenty percent gross margin.

#3 Ola

Ride-hailing an ola is additionally exploring a public an early next year with associate aim to raise a minimum of US$1.5-2 bn.

This values the Bengaluru-based unicorn at US$12-14 bn.

The company can raise half the capital through a primary issue whereas the remainder the rest through a suggestion for sale (OFS).

Unlike most startups, ola is profitable.

The company reported a standalone operative profit of ₹898 m for the twelvemonth 2021 versus a loss of ₹6.1 bn a year ago.

Despite revenue down sixty fifth from a year ago due to the pandemic, ola turned a profit, helped by aggressive value cuts and a reduction within the workforce.

Earlier last month, ola raised US$500 m in what could be termed a pre-IPO round. private equity companies, Warburg pincus and Temasek Holdings invested with, along with 2 others.

Ola additionally recently declared the acquisition of GeoSpoc, a six-year-old Pune-based geospatial company. With GeoSpoc, the company is looking at building ensuing generation of location technology for the world.

#4 Delhivery

Adding to the list of tech firms that plan to list next year is logistics company Delhivery.

The company plans to raise US$400-US$500 m via its IPO.

It has already filed its draft red herring prospectus (DRHP) with the market regulator.

The issue size of the IPO is predicted to be around ₹74.6 bn of that ₹50 bn are going to be via a recent issue and ₹24.6 bn from an offer for sale.

Existing shareholders that conceive to sell their stake are China Momentum Fund (Deli CMF) – ₹4 bn, carlyle – ₹9.2 bn, SoftBank – ₹7.5 bn, and Times web – ₹3.3 bn.

The likely valuation expected by the corporate via the issue is around US$5.5 bn.

The company plans to use the takings for funding organic growth initiatives and for funding inorganic growth through acquisitions and alternative strategic initiatives.

Delhivery recently signed an agreement to acquire a 100 percent stake in rival express logistics player Spoton logistics.

The company additionally issued bonus shares to its shareholders through a resolution passed at its Extraordinary General Meeting (EGM) persevered twenty nine September 2021.

The IPO market is booming in India will the trend continue?

Following the recent correction, the Indian stock market is still currently trading high and IPOs are attracting some wild valuations.

Given the abounding liquidity, the market regulator easing listing procedures and overall optimistic sentiments, the initial public offering craze is understandable.

Data suggests that companies raised funds to the tune of US$4.6 bn from IPOs last year. many believe this amount are going to be easily surpassed in 2021.

As corporations line up to raise funds from the market amid high valuations, investors need to think about several factors before investing their money in an IPO.

If you’re investing in an IPO, weigh in all the positive and negative factors affecting the corporate.

All you need to know about the Paytm IPO that revealed today

paytm IPO info

Paytm, formally called as One97 Communications Ltd., has launched its initial public offering ( Paytm IPO) for the subscription today, in what’s India’s biggest ever initial share sale since Coal India’s in 2010.

Anchor investors for the $2.46 billion (Rs 18,300 crore) IPO are Canada pension plan Investment Board, Sovereign wealth funds of Singapore & United Arab Emirates and the world’s largest asset manager BlackRock. The corporate has raised nearly half of the money from the anchor investors.

Investors participating in Paytm IPO

Large investors like Masayoshi Son’s SoftBank corporation, Jack Ma’s ant cluster, are selling the shares. Paytm is predicted to list in the mid of November. Here are few factors for investors to keep in mind while buying the IPO.

Payment Services: Paytm charges group action charges conjointly called merchant fees that is predicated on the proportion of GMV. It conjointly earns via client, convenience & subscription fees.

Financial Services: It charges a fee betting on the services the client avails. It charges a fee on promotion and distribution of credit cards, commission on the insurance policies, fee from the loaning business.

Commerce Services: It charges convenience fees from customers and earns group action fees from merchants on tickets for amusement, travel, and alternatives such services.

Cloud Services: Paytm charges a subscription fee which might be either fixed or variable supported volume on the platform.

“I believe Paytm will grow their value going forward after the IPO. We have high expectations not only on Paytm but also other businesses”, Masayoshi Son, CEO of SoftBank said, adding that the amount of IPOs from its portfolio has been increasing.

SoftBank, that owns 18.5% of Noida-based Paytm, can sell shares price worth of Rs.1,689 crore as a part of the Rs.10,000 crore offer for sale (OFS) in Paytm’s commercialism.