InvestorQ : With Paytm losses narrowing, do you see some boost for the proposed IPO?
Archita Jajjoo made post

With Paytm losses narrowing, do you see some boost for the proposed IPO?

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Niti Shenoi answered.
1 week ago
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My feel is that Paytm was anyways going to have a lot of institutional interest. But that story may now look still better if you consider the fact that its net loss for FY21 further narrowed to Rs.1,704 crore. The net loss for Paytm stood at Rs.2,943 crore in FY20.

Paytm FY21 revenues were lower by 10% at Rs.3,186 crore in FY21. From an investment perspective, Paytm has benefited substantially from demonetization and COVID. However, cash-burn is still a major issue. Paytm IPO size is expected to be around Rs.22,000 crore.

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