Paytm share price/ One 97 Communications Ltd. Share Price range between the high and low prices over the past 52 weeks ₹438.35 – ₹844.70
& Market Cap – 363.668IN.
Paytm Share Price Live | Today –
Paytm Share Price History –
Paytm is an Indian digital payment and financial services company that was founded in 2010 by Vijay Shekhar Sharma. The company initially started as a mobile recharge and bill payment platform but later expanded to offer a wide range of financial services, including digital wallets, online banking, insurance, and loans.
Paytm’s initial public offering (IPO) was launched on November 8, 2021, and was oversubscribed by more than 16 times. The company raised around Rs. 18,300 crores ($2.4 billion) through the IPO, making it the largest IPO in Indian history.
The issue price for Paytm’s IPO was set at Rs. 2,150 per share, and the stock debuted on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on November 18, 2021. On its first day of trading, Paytm’s share price closed at Rs. 1,966.40, down 8.6% from its issue price.
Since then, Paytm share price has experienced a lot of volatility, with the stock price rising and falling rapidly over short periods of time. As of March 15, 2023, Paytm’s share price was trading at Rs. 1,047.50 on the NSE, which is more than 50% lower than its issue price.
The fluctuations in Paytm share price can be attributed to various factors, including the company’s financial performance, competition from other digital payment platforms, and regulatory challenges in the Indian market. However, Paytm remains one of the leading players in India’s digital payment industry, with a large user base and a diverse range of services.
About Paytm One 97 Communications Ltd.-
Paytm is a digital wallet and e-commerce company based in India. The company was founded in 2010 by Vijay Shekhar Sharma and is headquartered in Noida, Uttar Pradesh.
Paytm started out as a mobile recharge and bill payments platform, but has since expanded its services to include e-commerce, financial services, and digital payments. Some of the services offered by Paytm include:
- Mobile recharge and bill payments: Users can recharge their prepaid mobile phones, pay postpaid bills, and recharge DTH connections.
- Online shopping: Paytm has an e-commerce platform where users can buy a wide range of products including electronics, fashion, home and kitchen items, and more.
- Digital payments: Paytm allows users to make payments at physical stores using their mobile phones through QR codes, as well as online payments for various services such as utilities, insurance premiums, and more.
- Financial services: Paytm offers a range of financial services such as loans, insurance, and wealth management.
Paytm has grown to become one of the largest digital payments companies in India, with over 350 million registered users as of 2021. The company has also expanded internationally, with operations in Canada and Japan. Paytm is backed by several investors including SoftBank, Ant Group, and Berkshire Hathaway.
Paytm Share Price – Highest –
Paytm Share Price – Lowest –
Paytm / One 97 Communications Ltd. Future Projects-
Here are some potential areas of focus based on public information and industry trends:
- Expanding into new markets: Paytm is already a leading player in the Indian digital payments space, but the company may look to expand into other regions, such as Southeast Asia, where there is high demand for mobile payments.
- Growing its user base: Paytm may focus on acquiring new users through strategic partnerships and marketing campaigns. The company may also look to increase user engagement and retention by offering rewards and incentives.
- Developing new products and services: Paytm may continue to innovate and develop new products and services that cater to the needs of its users, such as lending and insurance.
- Enhancing its technology platform: Paytm may focus on enhancing its technology infrastructure to improve the speed, reliability, and security of its payments platform. This could involve investments in artificial intelligence, machine learning, and blockchain.
- Increasing its merchant base: Paytm may focus on expanding its merchant base by offering more value-added services and features, such as inventory management, analytics, and marketing tools.
It’s important to note that these are just potential areas of focus, and Paytm’s actual future projects may differ.
Paytm / One 97 Comunications Ltd. –
Paytm was initially launched in 2010 as a mobile recharge and bill payment platform by its parent company, One97 Communications Ltd. However, over time, Paytm evolved into a digital payments platform offering various services such as mobile recharges, bill payments, ticket booking, and online shopping.
As Paytm grew and expanded its offerings, it became the primary brand and focus of One97 Communications Ltd. Hence, in 2014, One97 Communications Ltd officially changed its name to Paytm Mobile Solutions Private Limited to reflect the company’s new identity and business focus.
However, in 2015, Paytm was granted a payments bank license by the Reserve Bank of India, which required the company to operate under a separate entity. As a result, Paytm Payments Bank Ltd. was created as a subsidiary of One97 Communications Ltd, while the parent company continued to operate the Paytm digital payments platform.
Therefore, while Paytm is the primary brand and business focus of the company, the parent company continues to be known as One97 Communications Ltd, which holds ownership of various subsidiaries, including Paytm Payments Bank Ltd.
Pingback: IRCTC Share Price | NSE BSE – shareprice360.com