Interesting Facts About CarTrade, PB Fintech and Paytm | ET NOW

Опубликовано: 17 Ноябрь 2024
на канале: ET NOW

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The one thing that is common between CarTrade, PB Fintech and Paytm is the big fall in their share prices compared to the issue price. CarTrade’s current market capitalization stands at Rs 2,300 crore, while the company had raised Rs 3,000 crore in IPO. The entire fund raise was an offer for sale.
PB Fintech’s current share price is below the 2017 valuations. In 2017, it had raised funds via rights issue at Rs 520 per share (adjusted for bonus). Paytm’s current market price is below cost of acquisition of Alibaba, Softbank and Berkshire Hathway.
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