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Why Paytm shares crashed after IPO - CEO explains and gives projection

Shekhar Sharma the Founder and CEO of One97 Communications that operates under the brand Paytm, also said the company expects to be breakeven in terms of operating EBITDA in the next six quarters.
Paytm founder and CEO Vijay Shekhar Sharma.(Reuters)
Paytm founder and CEO Vijay Shekhar Sharma.(Reuters)
Published on Apr 06, 2022 01:17 PM IST
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PTI |

‘Reveal age without revealing age’ trend goes viral. People join in

Both Vijay Shekhar Sharma and Swara Bhasker took to Twitter to take part in the viral age-related online trend.
The image shows Vijay Shekhar Sharma and Swara Bhasker, both took part in the viral age-related online trend.(Ramesh Pathania/Mint File Photo & Instagram/@reallyswara)
The image shows Vijay Shekhar Sharma and Swara Bhasker, both took part in the viral age-related online trend.(Ramesh Pathania/Mint File Photo & Instagram/@reallyswara)
Published on Jan 28, 2022 01:24 PM IST
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ByTrisha Sengupta

Paytm's weak debut: Founder Vijay Sharma says 'no indicator of company's value'

Paytm stock registered a fall of over 27 per cent from the issue price of 2,150. It got listed at 1,955 and then ended the day at 1,564.
Paytm CEO Vijay Shekhar Sharma has street food from a roadside stall after listing ceremony of the company at Bombay Stock Exchange (BSE), in Mumbai on Thursday.(PTI Photo)
Paytm CEO Vijay Shekhar Sharma has street food from a roadside stall after listing ceremony of the company at Bombay Stock Exchange (BSE), in Mumbai on Thursday.(PTI Photo)
Published on Nov 19, 2021 06:07 AM IST
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By | Written by Amit Chaturvedi, Hindustan Times, New Delhi

Paytm shares plunge 24% in market debut, business model questioned

Paytm, which also counts SoftBank among its backers, raised $2.5 billion in its initial public offering, of which $1.1 billion was from institutional investors.
Paytm founder and CEO Vijay Shekhar Sharma breaks down while delivering a speech during his company's IPO listing ceremony at the Bombay Stock Exchange (BSE) in Mumbai, India.(Reuters)
Paytm founder and CEO Vijay Shekhar Sharma breaks down while delivering a speech during his company's IPO listing ceremony at the Bombay Stock Exchange (BSE) in Mumbai, India.(Reuters)
Published on Nov 18, 2021 11:44 AM IST
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Paytm's Vijay Shekhar Sharma goes from 'ineligible' bachelor to billionaire

Paytm has become the toast of a new India, where the first-generation of the country's startups are making stellar stock market debuts and minting new millionaires.
Paytm founder and CEO Vijay Shekhar Sharma at a clubhouse of a residential building in New Delhi.(Reuters)
Paytm founder and CEO Vijay Shekhar Sharma at a clubhouse of a residential building in New Delhi.(Reuters)
Published on Nov 18, 2021 10:01 AM IST
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