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One 97 Communications Limited

One 97 Communications Limited

listed
₹12,480Min. investment

One 97 Communications Limited IPO Details

Price range₹2,080 – ₹2,150
IPO type
Regular
Lot size6 shares
Issue size₹18,300Cr
RHP/DRHP
Read

One 97 Communications Limited Timeline

  1. Bid start
    8 Nov 2021
  2. Bid end
    10 Nov 2021
  3. Allotment
    10 Nov 2021
  4. Release of funds
    16 Nov 2021
  5. Demat transfer
    15 Nov 2021
  6. Listing
    18 Nov 2021
Incorporated in  2000, One97 Communications Limited  is India’s leading digital ecosystem.  The IPO of the parent company of Paytm opens for subscription between 8 and 11 November. Paytm’s public issue is likely to be India’s biggest IPO so far.
Here is everything you should know about the much-hyped Paytm IPO:
Reasons for going public and objective of the IPO
  • Strengthening and growing the Paytm ecosystem through customer and merchant acquisition and retention
  • Providing its customers and merchants greater access to technology and financial services 
  • Initiating strategic partnerships and investing in new business initiatives and acquisitions
  • Meeting the general corporate requirements
Company fundamentals
Here is some key fundamental information about the company:
Five largest shareholders of Paytm
Shareholder NamePercentage of Shares
Financial Information
ParticularsFY21FY20FY19
Over the past decade, the balance sheet has grown manifold. However, the primary reason for the losses is the company's continuous efforts in acquiring new clients and merchants. That said, Paytm has been making efforts to reduce its losses
Overview of business
Paytm started as a service for mobile top-ups and other utility bill payments. However, the company has aggressively expanded its service offering to create an all-encompassing digital payment ecosystem. Some of the most popular services available on the Paytm app include:
  • Flight, bus and train ticket booking
  • Investment platform (Paytm Money)
  • E-commerce platform for retail goods (Paytm Mall)
  • Interbank transfers and fixed deposits (Paytm Payments Bank)
  • Digital Gold (Paytm Gold)
  • Insurance products (Paytm Insurance)
Strengths
  • First-mover advantage
  • One of the India’s leading and most trusted payment platforms
  • Strongtech focus approach
  • Each transaction provides insights into how Indians spend and save
  • Experienced management team
  • The all-encompassing financial services ecosystem 
  • Strong brand identity 
  • Wide customer and merchant base
  • Network effect leads to low acquisition costs and higher monetisation
Opportunities
  • Growing demand for fintech players such as Paytm 
  • The surge in digitisation of finance is likely to work to the advantage of the company
  • The untapped potential of the consumer payment market in India 
  • Expand into international markets
Threats
  • Cut-throat competition from domestic and global tech companies like Google Pay, PhonePe, MobiKwik, etc.
  • Growing concerns about the safety of online payments and financial transactions
  • Change in digital payments and online financial services rules and legal compliance parameters
Risks
  • A history of net losses
  • Economic slowdown due to the pandemic and other unexpected major market volatile events
  • Increase in payment processing charges to be paid to financial institutions and card networks
  • Pending litigations against the company, its subsidiaries and directors
  • Inability to form strategic partnerships or acquire new customers and merchants
  • Failure to innovate technologically
  • Dependency on third parties for some business verticals
  • Relying on mobile operating systems and application marketplaces
  • Any privacy or data security breach, cyber-attacks or internal misconducts

Checklist

Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

One 97 Communications Limited Contact Details

Company NameOne 97 Communications Limited

How to apply for One 97 Communications Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Paytm One 97 Communications Limited IPO FAQs

Investors can apply for the One 97 Communications Limited through their Demat account via the stock exchange or through their broker.
The issue size of the One 97 Communications Limited is 18300 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
One 97 Communications Limited will be open between 2021-11-08 and 2021-11-10.
One 97 Communications Limited allotment date is 2021-11-15. For One 97 Communications Limited allotment status check, you can visit the website of the registrar of the IPO.
For One 97 Communications Limited, the IPO registrar is Link Intime India Private Limited. You can check One 97 Communications Limited allotment status on the website of the registrar.
The shares are proposed to be listed on the BSE and NSE.
The One 97 Communications Limited shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
The One 97 Communications Limited lot size is 6 and minimum order quantity is 6.
One 97 Communications Limited has set the price band for its IPO at 2150 per equity share with a face value of 1.