Mumbai12 minutes ago
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- Retail investors have only 10% stake in the IPO. QIB will get 75% share
- The company issued fresh shares worth Rs 8,300 crore. OFS to be Rs 8,300 crore
If you think that you can get cheap shares in the IPO of Paytm, which is a persistent loss-making company, then it is not so. At present valuation, the price of this share can be 3200 to 3800 rupees. In such a situation, the investors who have invested in it earlier, will get up to 242 times profit.
Institutional investors already invest
In fact, institutional investors already invest in companies. Then they leave by selling the shares at the time of IPO. They get a lot of benefit from this. The details of these investors have been given in the draft submitted by Paytm to SEBI. According to this, Saif Mauritius had bought 9.41 crore shares at a price of Rs 15. Now at the price of 3200 to 3800, it will make a profit of 246 times.
Shares bought at Rs 78
Similarly, Elevation Capital has taken 42 lakh shares at a price of Rs 78. It can get a profit of 49 times. SAIF Partners India has bought 3.96 crore shares for Rs 306. That is, it will get a profit of 12.40 times. China’s Alibaba Group has bought 4.42 crore shares at a price of Rs 583. It will get more than 6 times profit in IPO.
Mountain Capital buys 6 million shares
Similarly, among other investors, Mountain Capital Fund has bought 60.66 lakh shares. Its price is Rs 547. It will get benefit close to 6.5 times. BH International has bought 1.7 crore shares at a price of Rs 1,279. That is, it can also get benefits close to 3 times. DG Paytm has bought 47.62 lakh shares at a price of Rs 1,708. It will get more than 2 times benefit.
Antfin bought the most expensive share
Antfin bought the most expensive stock. It has bought 18.33 crore shares at a price of Rs 1,833. It is likely to get double benefit. SVF has also bought 78.55 lakh shares at Rs 1,820. It can also get double benefit.
Information given in the draft submitted with SEBI
In the draft submitted to SEBI, it has been informed that from Warren Buffett to Saif, SVF partner will sell their stake. Company’s founder Vijay Shekhar Sharma will also sell shares in this. That is, these investors have to make good earnings. Talking about the unofficial market i.e. gray market, the price of Paytm share is trading at Rs 2,400. However, it is still well below its IPO price.
Valuation is Rs 1.45 lakh crore
The current valuation of Paytm is being estimated at Rs 1.45 lakh crore. But going forward, this valuation can go up to Rs 1.80 lakh crore. That is, at this new valuation, the price of its shares will be between Rs 3200 to 3800. This is the reason why investors who have invested earlier will get benefit in IPO. Because the IPO will come close to this price.
Price rising in gray market
As far as the gray market is concerned, the price is gradually increasing there. Before the arrival of the IPO, this price can go above Rs 4000 in the gray market. In May, its price in the gray market was trading between 950 to 1 thousand rupees. That is, even if a retail investor has bought shares in the gray market in May, they are likely to get a return of four times. However, the shares which are bought before the IPO are locked in for 1 year.
Check Ma will benefit 7 times
China’s Jack Ma’s Alibaba company will gain 7 times in this IPO. Warren Buffett’s BH International will gain 3 times. Paytm had divided the shares in June in the ratio of 1-10. For this reason, the face value of its shares has come to Re 1 per share. There is talk that the company may issue bonus shares. If this happens, then the price of its IPO may come down further. The company wants to raise Rs 16,600 crore through IPO. This will be the biggest IPO of the country till date.
10% off for retail only
Retail investors have only 10% stake in the IPO. QIB will get 75% while HNI will get 15%. Paytm’s parent company One97 Communication will be listed on the stock exchange. Paytm is the company’s brand. The company will issue fresh shares worth Rs 8,300 crore while existing shareholders will sell shares worth Rs 8,300 crore.