Paytm Buyback 2022 Record Date, Price & Ratio Details – IPO Watch
Written by Lucky Wilson | KGTO Writer on January 5, 2023
Paytm buyback 2022 was announced on December 13, 2022. The Paytm buyback open date is December 21. Paytm buyback record date is not fixed as it is an open market buyback offer. The investor should buy the Paytm shares before the record date to get eligibility for the buyback.
Paytm Buyback of ₹850 crores approved by the board of directors at the meeting was held on December 13, 2022. Paytm Buyback will be done via the Open Market route through the stock exchange mechanism. The board of directors of the company approved the buyback by the Company of its fully paid-up equity shares having a face value of ₹1 each equity share at a price of ₹810 per Equity Share and for an aggregate amount not exceeding ₹850 crores from the shareholders. Check out Paytm Buyback 2023 details below:
One 97 Communications is a parent company of Paytm. The company was founded by Vijay Shekhar Sharma in 2000 and become one of the leading digital ecosystem for merchants and the consumers. The company launched “PayTM App” in 2009 that was the first digital mobile payment platform for cashless payment services. The company is one-stop payments service provider via e-wallets, UPI platform, postpaid, credit cards, POS – point of sale terminals, and all in one QR codes. Check out Paytm IPO details here.
Paytm Buyback History
- This is the first Paytm buyback so there is no historical data.
Paytm Buyback 2022 Dates
Buyback Meeting Date: | December 13, 2022 |
Buyback Announcement Date: | December 13, 2022 |
Buyback Record Date: | Open Market |
Buyback Open Date: | December 21, 2022 |
Buyback Close Date: | June 19, 2023 |
Finalization of Buyback Acceptance: | – |
Paytm Buyback 2022 Offer Details
Paytm buyback of 1,04,93,827 equity shares at a price of ₹810 per equity share. The buyback offers not to exceed ₹850 crores of the total buyback offer size.
Offer Amount: | ₹850 Crores |
Number of Shares: | 1,04,93,827 Equity Shares |
Face Value: | ₹1 per equity share |
Buyback Price: | ₹810 per equity share |
Listing: | BSE, NSE |
Buyback Type: | Open Market |
Letter of Offer: | Click Here |
Paytm Buyback 2022 Acceptance Ratio
The investor should buy around [.] shares at a current market price of ₹[.] (as of date). The calculation will be ₹2,00,000 / ₹[.] buyback price = [.] shares.
Acceptance Ratio | Investment | Shares Buyback | Profit |
33% | ₹[.] | [.] | ₹[.] |
50% | ₹[.] | [.] | ₹[.] |
75% | ₹[.] | [.] | ₹[.] |
100% | ₹[.] | [.] | ₹[.] |
Paytm Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2020 | ₹- | ₹- | ₹- |
2021 | ₹- | ₹- | ₹- |
2022 | ₹4175 | ₹6272 | –₹2325 |
How to Participate in Paytm Buyback 2022
The investors are eligible for the buyback scheme who have Paytm shares in their Demat Paytmount as the Open Market. Eligible Share Holders can participate in the Paytm Buyback 2022 scheme as per the opening form by selling their shares. The payment will be given as per the Paytmepted shares by the company under the Paytm buyback scheme.
Paytm Buyback 2022 Registrar
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/
Paytm Buyback 2022 Lead Managers
Paytm Company Address
One 97 Communications Limited
Skymark One, Shop No.1, Ground Floor, Tower-D,
Plot No. H-10B, Sector 98, Noida
UP-201301
Phone: +91-120- 4770770
Website: https://paytm.com/
How to Apply the Paytm Buyback through Zerodha?
Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on Corporate Actions. You will see the Company Name “Paytm”. Click on Place Order. Enter your Quantity and submit Paytm Buyback Application Form.
How to Apply the Paytm Buyback through Upstox?
Log in to Upstox Application with your credentials. Select the Paytmount Section. You will see the Company Name “Paytm”. Click on Paytm Stock for Buyback. Enter your Quantity and submit Paytm Buyback Application Form.
How to Apply the Paytm Buyback through Paytm Money?
Log in to Paytm Money Application with your credentials. Select the Paytm. Enter your Quantity and submit Paytm Buyback Application Form.
Paytm Buyback 2022 FAQs
When is Paytm Buyback 2022 Record Date?
Paytm buyback 2022 record date is Open Market.
When is Paytm Buyback 2022 Open Date?
Paytm buyback 2022 open date is December 21.
What is Paytm Buyback 2022 Price?
The company has fixed the price at ₹810 per share.
How to apply for Paytm Buyback 2022?
As per the record date you need to have Paytm shares in your Demat Account. You can participate in buyback after having the stock in your Account.
Follow correct success ipo for the upcoming IPO news and their reviews, also keep following us on Twitter, Facebook, and Instagram. For our latest videos, subscribe to our YouTube channel.
To know more about latest IPO gmp please visit correctsuccess.com