The story of the fall of one of India's biggest IPO

Everything you want to know about Paytm's Mega IPO

: Year 2021 All the people who are interested in share market and investing in it were waiting for the launch of India's biggest IPO ever.

IPO of a company whose name was known to everyone.

Paytm's Mega IPO, which was going to be the biggest IPO ever, this IPO was about $ 2.4 billion.

Paytm, which was formed in 2010, started a revolution as soon as it came and when the Indian government demonitized in November 2016, after that the company started going into even more profits.

Paytm's IPO was launched on 8 November. This IPO was to run till 10 November 2021.

But as soon as this IPO was launched, it fell almost 27%.

This was a huge loss.

The price range of Share was from INR 2080 to INR 2156 but it fell down within few days.

The company which was worth $ 20 Billion has now fallen below $ 5.8 Billion.

: But how did this Paytm IPO go in such a loss?

: Some experts say that the loss of Paytm IPO was already folded because Paytm had overestimated the price of its share.

According to Macquarie, Paytm's IPO was overpriced, the correct price range should have been within 1200 INR.

If the macquarie is to be believed, then Paytm is such a company that launched product on product without any leadership.

These were due to the downfall of Paytm's IPO and the downfall of Paytm itself.