In just four months, Paytm's share price which had lost 840 crores rose by 100%.

Paytm's share price has increased significantly after their book building approach IPO in India. Its share has risen from the record low by 100%. Its share price dropped to 310 Indian rupees in the most recent month of May. Currently, the same point is worth 618 rupees.

After peaking at 1782 rupees in November 2021, the share price dropped to 310. Shares dropped to 82%. It has now increased starting at the same location.

After February 29, 2024, the Unified Payments Interface (UPI) service will no longer be available for fund transfers, credit transactions, or new deposit acceptance by Paytm Payments Bank, per a directive by the Reserve Bank of India. Its portion so dropped precipitously.

It has been interpreted by investors as an indication that Paytm is stabilizing its operations and resolving regulatory difficulties. It is also believed that resubmitting the application will open the door for future expansion of digital payments. which has raised investors' spirits.

Zomato, a meal delivery service, has now agreed to purchase the company's entertainment and ticketing division. The term of this agreement is six months. It appears that the company's business will probably grow.

This corporation raised 18,300 crore rupees through the book building approach of their 2021 IPO. The IPO price was set between 2080 and 2150 rupees. Nevertheless, as of June, the business had lost 840 crore.