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Paytm's Vijay Shekhar Sharma On Weak Market Debut After India's Biggest-Ever IPO: Highlights

Paytm's Vijay Shekhar Sharma On Weak Market Debut After India's Biggest-Ever IPO: Highlights

NDTV
Thursday, November 18, 2021 01:17:01 PM UTC

Paytm lost more than a quarter of its value on its market debut Thursday after raising $2.5 billion in the country's biggest-ever IPO

Paytm founder VIjay Shekhar Sharma is speaking to NDTV over the company's market debut after India's biggest-ever IPO. The mobile payments giant lost more than a quarter of its value on its market debut Thursday after raising $2.5 billion in the country's biggest-ever IPO, as traders questioned whether the loss-making firm would ever turn a profit.

Vijay Shekhar Sharma, once named India's youngest billionaire, wiped tears from his eyes when the national anthem was played at an opening ceremony before trading began at the Bombay Stock Exchange.

Highlights:

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