Paytm had posted a loss of Rs 436.7 crore in the same quarter a year ago, according to an exchange filing
Its consolidated total income increased by 49.6 percent to Rs 1,086.4 crore during the reported quarter from Rs 663.9 crore in the corresponding period of FY'21.
The share prices of Paytm fell by 27.25 percent. While the issue price was Rs 2,150, it fell to Rs 1,564 by the time the markets closed.
Retail investors subscribed 1.5 times to the IPO, and non-institutional subscribers put in bids for 17 percent against their reserved portion
This is likely to be the biggest issue in India's history, breaking a decade-long record by Coal India Ltd, which raised over Rs 15,200 crore in its IPO
The company has filed papers with markets regulator SEBI and is planning to get listed on 18 November
Paytm Payments Bank became the first bank in the country to achieve the milestone of issuing one crore FASTags in June
The company is going to use the funds from the Zomato IPO to fund its organic and inorganic growth initiatives
In May, the government had released new guidelines for the integration of CoWIN with third-party applications, easing the way for such apps to offer vaccine bookings.
NPCI registers 2.29 billion UPI transaction in Feb 2021, of these 970 million transactions were processed on PhonePe
Of the total UPI transactions in the month of February, Paytm achieved over 1.2 billion monthly transactions.
Paytm helps 2.5 lakh FASTag users with fast redressal mechanism to get a refund for wrong toll charges
According to Paytm Payments, the company has won 82 percent of cases on behalf of its FASTag users.
Majority of Whatsapp users said they will not use payment features, business chat if app shares info with Facebook, third parties: Survey
The survey found that five per cent users have deleted the app, while 22 per cent claimed to have reduced using the mobile messaging platform.
Paytm has digitised the entire process for loan application and disbursal with no physical documentation required.
Paytm Money wholly-owned subsidiary of Paytm aiming for 8-10 percent IPO market share in the first year of launch.
The event will start at 11 am with an opening keynote by Founder and CEO of Paytm Vijay Shekhar.
Paytm launches Android Mini App Store for Indian developers; to host developers conference on 8 October
Paytm has also announced that it will be hosting a Mini Apps Developers Conference on 8 October.
After being pulled down last week, the Paytm app has now been restored on Google Play Store.
A recent Google blog says that Play Store doesn’t allow online casinos or support any unregulated gambling apps that facilitate sports betting.
Paytm Mall (owned by Paytm Ecommerce Private Limited) on Monday said it has announced the appointment of Abhishek Rajan as the new Chief Operating Officer of the company