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SEBI Pulls Up Paytm Founder, Director on IPO Breaches: Report
Paytm founder Vijay Shekhar Sharma and other board members who held roles during the firm's November 2021 IPO over alleged misrepresentation of facts. SEBI alleged that grant of 21 million employee stock options (ESOPs) to Sharma were in violation of its rules on grant of shares-based employee benefits.
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On SEBI Move, Paytm Says No New Notice, IPO Issue Already Disclosed In Financial Results
In a statement, Paytm said it has addressed the matter through preliminary response, and is in regular communication with SEBI.
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SoftBank, Ant Group to Sell Paytm Stakes via Block Deal After Failed Talks With Bharti Airtel Founder: Report
Ant Group and SoftBank are discussing selling their stakes in Paytm in the open market, after talks with Bharti Airtel founder failed, the Economic Times reported. Shareholders and investment banks representing Ant and Softbank had earlier approached Bharti Airtel founder-chairman Sunil Mittal with an offer to sell their stakes in One 97 Communicat...
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Paytm CEO Vijay Shekhar Sharma Declares End of Cash Burn Ahead of Firm's Plans to Turn Cash Flow Positive
Paytm on Wednesday announced that the company would turn off its cash burn, while the company's founder revealed that the payments firm was "far ahead" on re-setting its strategy. Softbank-backed Paytm said last month that it plans to become free cash flow positive in the next 12-18 months.
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Paytm Shares' 75% Plunge Is World's Worst In Decade Among Large IPOs
Paytm has capped the worst first-year share plunge among large IPOs over the past decade -- and the pain is worsening.
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$18 Billion Wipeout Among Just 5 India IPOs: Zomato, Nykaa, Others
Five of the most-hyped technology initial public offerings in India over the past 16 months have floundered since listing, shedding more than $18 billion in value.
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Action-Packed Weeks Ahead For New-Age Stocks
Restrictions in share trading in Nykaa, Paytm, Delhivery and PolicyBazaar by institutional investors will be removed soon.
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Investing In The Next Big IPO (Public Offer)? 3 Things You Must Know...
Does your IPO investment pass these critical tests?
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Paytm CEO Vijay Shekhar Sharma Faces Biggest Test Today Since IPO Dud
The billionaire founder of Paytm, Vijay Shekhar Sharma, faces a crucial test of investor confidence Friday, when shareholders will decide whether they want him at the helm of a fintech pioneer that made one of the worst debuts in Indian history.
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Key Test Today For Paytm's Vijay Shekhar Sharma After Dud IPO
The billionaire founder of Paytm faces a crucial test of investor confidence Friday, when shareholders will decide whether they want him at the helm of a fintech pioneer that made one of the worst debuts in Indian history.
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Paytm CEO Says Firm Chasing $1 Billion Goal, Seeks to ‘Rewind-and-Reset’ Fintech Pioneer After IPO Fiasco
Paytm CEO Vijay Shekhar Sharma is looking to rewind-and-reset the fintech pioneer in India, following the stock-price collapse which exacerbated a crisis for India’s startups. The fintech firm’s founder is looking to win back investor confidence, as the company’s operating losses widened over the past year to about $350 million (roughly Rs. 2...
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Paytm's Vijay Sharma Says Disastrous IPO Was "A Sort Of Graduation"
Paytm was the poster boy for India's tech startups, only to lose two-thirds of its value since its IPO and become a symbol of the industry's crash.
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Paytm's Vijay Sharma Says Disastrous IPO Was "A Sort Of Graduation"
Paytm was the poster boy for India's tech startups, only to lose two-thirds of its value since its IPO and become a symbol of the industry's crash.
-
Vijay Shekhar Sharma Buys Back Paytm Shares Worth Rs 11 Crore
Vijay Shekhar Sharma has purchased 1.7 lakh shares of Paytm worth Rs 11 crore
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"LIC Pulled Off The Biggest IPO..." In India's history: Paytm Money Chief
Varun Sridhar, CEO of Paytm Money, said, "LIC pulled off the biggest IPO in the history of Indian Capital markets, with more than 7 million applications."
-
SEBI Pulls Up Paytm Founder, Director on IPO Breaches: Report
Paytm founder Vijay Shekhar Sharma and other board members who held roles during the firm's November 2021 IPO over alleged misrepresentation of facts. SEBI alleged that grant of 21 million employee stock options (ESOPs) to Sharma were in violation of its rules on grant of shares-based employee benefits.
-
On SEBI Move, Paytm Says No New Notice, IPO Issue Already Disclosed In Financial Results
In a statement, Paytm said it has addressed the matter through preliminary response, and is in regular communication with SEBI.
-
SoftBank, Ant Group to Sell Paytm Stakes via Block Deal After Failed Talks With Bharti Airtel Founder: Report
Ant Group and SoftBank are discussing selling their stakes in Paytm in the open market, after talks with Bharti Airtel founder failed, the Economic Times reported. Shareholders and investment banks representing Ant and Softbank had earlier approached Bharti Airtel founder-chairman Sunil Mittal with an offer to sell their stakes in One 97 Communicat...
-
Paytm CEO Vijay Shekhar Sharma Declares End of Cash Burn Ahead of Firm's Plans to Turn Cash Flow Positive
Paytm on Wednesday announced that the company would turn off its cash burn, while the company's founder revealed that the payments firm was "far ahead" on re-setting its strategy. Softbank-backed Paytm said last month that it plans to become free cash flow positive in the next 12-18 months.
-
Paytm Shares' 75% Plunge Is World's Worst In Decade Among Large IPOs
Paytm has capped the worst first-year share plunge among large IPOs over the past decade -- and the pain is worsening.
-
$18 Billion Wipeout Among Just 5 India IPOs: Zomato, Nykaa, Others
Five of the most-hyped technology initial public offerings in India over the past 16 months have floundered since listing, shedding more than $18 billion in value.
-
Action-Packed Weeks Ahead For New-Age Stocks
Restrictions in share trading in Nykaa, Paytm, Delhivery and PolicyBazaar by institutional investors will be removed soon.
-
Investing In The Next Big IPO (Public Offer)? 3 Things You Must Know...
Does your IPO investment pass these critical tests?
-
Paytm CEO Vijay Shekhar Sharma Faces Biggest Test Today Since IPO Dud
The billionaire founder of Paytm, Vijay Shekhar Sharma, faces a crucial test of investor confidence Friday, when shareholders will decide whether they want him at the helm of a fintech pioneer that made one of the worst debuts in Indian history.
-
Key Test Today For Paytm's Vijay Shekhar Sharma After Dud IPO
The billionaire founder of Paytm faces a crucial test of investor confidence Friday, when shareholders will decide whether they want him at the helm of a fintech pioneer that made one of the worst debuts in Indian history.
-
Paytm CEO Says Firm Chasing $1 Billion Goal, Seeks to ‘Rewind-and-Reset’ Fintech Pioneer After IPO Fiasco
Paytm CEO Vijay Shekhar Sharma is looking to rewind-and-reset the fintech pioneer in India, following the stock-price collapse which exacerbated a crisis for India’s startups. The fintech firm’s founder is looking to win back investor confidence, as the company’s operating losses widened over the past year to about $350 million (roughly Rs. 2...
-
Paytm's Vijay Sharma Says Disastrous IPO Was "A Sort Of Graduation"
Paytm was the poster boy for India's tech startups, only to lose two-thirds of its value since its IPO and become a symbol of the industry's crash.
-
Paytm's Vijay Sharma Says Disastrous IPO Was "A Sort Of Graduation"
Paytm was the poster boy for India's tech startups, only to lose two-thirds of its value since its IPO and become a symbol of the industry's crash.
-
Vijay Shekhar Sharma Buys Back Paytm Shares Worth Rs 11 Crore
Vijay Shekhar Sharma has purchased 1.7 lakh shares of Paytm worth Rs 11 crore
-
"LIC Pulled Off The Biggest IPO..." In India's history: Paytm Money Chief
Varun Sridhar, CEO of Paytm Money, said, "LIC pulled off the biggest IPO in the history of Indian Capital markets, with more than 7 million applications."
