Paytm IPO: Jack Ma and Warren Buffett will be rich from Paytm’s IPO, will get returns up to 7 times
New Delhi, 20th July 2021- Paytm will definitely be excited by the way investors expressed enthusiasm about Zomato’s IPO in the past. Last Friday, Paytm’s parent company One97 Communication submitted a paper for an IPO of Rs 16,600 crore with SEBI. If the size of the IPO does not change at the time of launch, then it will be the biggest IPO ever. Earlier, Coal India had raised Rs 15,475 crore through IPO in the year 2010.
Paytm will definitely be excited by the way investors expressed enthusiasm about Zomato’s IPO in the past. Last Friday, Paytm’s parent company One97 Communication submitted a paper for an IPO of Rs 16,600 crore with SEBI. If the size of the IPO does not change at the time of launch, then it will be the biggest IPO ever. Earlier, Coal India had raised Rs 15,475 crore through IPO in the year 2010.
Looking at the market speculation, Paytm’s eyes are fixed on a valuation of 25 to 30 billion dollars. If this turns out to be true, the price of one share of the company in the IPO will be between Rs 3,150 and Rs 3,800. Which simply means that the pre-investor will have a lot of opportunity to earn. With this, Jack Ma’s company Alibaba will get 7 times return, while Warren Buffett will get 3 times return. Apart from this, SAIF can get returns up to 250 times.
