Paytm shares tank nearly 28% on listing day: All you need to know

Paytm's parent firm, One97 Communications Limited, registered a tepid debut on D-Street and tanked by nearly 28 per cent at the end of Thursday's trading session. Here is all you need to know.

Shares of One97 Communications Limited, Paytm’s parent firm, tanked nearly 28 per cent on the stock market after listing at a discount of 9 per cent on the issue price.

Paytm shares ended the trading session at Rs 1,564.15 or 27.25 per cent lower on the Bombay Stock Exchange (BSE). On the National Stock Exchange (NSE), Paytm shares ended the day nearly 28 per cent lower.