[ad_1]
Paytm Buyback 2022 was announced on December 13, 2022. The Paytm The purchase opening date is December 21. Buy back from Paytm the record date is not set as this is an open market repurchase offer. The investor should purchase the Paytm shares before the record date to get the buyback eligibility.
₹850 crore Paytm buyback approved by the board of directors in the meeting held on December 13, 2022. The buyback of Paytm will be done through the open market route through the stock exchange mechanism. The company’s board of directors approved the company’s repurchase of its fully paid-up capital shares with a face value of ₹1 each share of capital aa price of ₹810 per equity share and for a total amount not exceeding 850 million rupees from the shareholders. Check out Paytm Repurchase 2023 details below:
One 97 Communications is a parent company of Paytm. The company was founded by Vijay Shekhar Sharma in 2000 and became one of the leading digital ecosystems for merchants and consumers. The company launched “PayTM App” in 2009, which was the first digital mobile payment platform for cashless payment services. The company is a one-stop payment service provider through e-wallets, UPI platform, postpaid, credit cards, point of sale terminals and all in a QR code. Check Paytm IPO details here.
Paytm Purchase History
- This is Paytm’s first buyback, so there is no historical data.
Paytm Buyback Dates 2022
| Buyback meeting date: | December 13, 2022 |
| Buyback announcement date: | December 13, 2022 |
| Repurchase registration date: | Open Market |
| Redemption opening date: | December 21, 2022 |
| Purchase closing date: | June 19, 2023 |
| Completion of buyback acceptance: | – |
Paytm Buyback Offer 2022 Details
Purchase payment of 1,04,93,827 equity shares at a price of ₹810 per equity share. The buyback offers not to exceed 850 million rubles of the total size of the repurchase offer.
| Bid Amount: | ₹850 crores |
| Number of shares: | 1,04,93,827 Equity shares |
| Apparent value: | ₹1 per capital share |
| Buyback price: | ₹810 per capital share |
| List: | BSE, NSE |
| Repurchase Type: | Open Market |
| Letter of offer: | Click here |
Paytm Buyback 2022 Acceptance Ratio
The investor should shop around [.] shares at a current market price of ₹[.] (to date). The calculation will be ₹2,000,000 / ₹[.] repurchase price = [.] shares
| Acceptance ratio | investment | Buyback of shares | benefit |
| 33% | ₹[.] | [.] | ₹[.] |
| 50% | ₹[.] | [.] | ₹[.] |
| 75% | ₹[.] | [.] | ₹[.] |
| 100% | ₹[.] | [.] | ₹[.] |
Paytm Financial Report
| ₹ in Crores | |||
| course | income | expense | PAT |
| 2020 | ₹- | ₹- | ₹- |
| 2021 | ₹- | ₹- | ₹- |
| 2022 | ₹4175 | ₹6272 | –₹2325 |
How to participate in Paytm Buyback 2022
Investors are eligible for the buyback plan who hold Paytm shares in their Demat Paytmount as Open Market. Eligible share holders can participate in the Paytm Buyback Scheme 2022 as per the opening form by selling their shares. The payment will be made against the shares of Paytmepted by the company under the Paytm buyback scheme.
Register Paytm Buyback 2022
Link Intime India Private Ltd
C 101, 247 Park, LBSMarg,
Vikhroli (West), Mumbai – 400083
Telephone: +91-22-4918 6270
E-mail: [email protected]
Website: https://linkintime.co.in/
Paytm Buyback 2022 Top 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
Telephone: +91-120-4770770
Website: https://paytm.com/
How to apply Paytm buyback through Zerodha?
Log in to the console on the Zerodha website or app. Go to Portfolio and click on Corporate Shares. You will see the company name ‘Paytm’. Click Place Order. Enter your amount and submit the Paytm Redeem Request Form.
How to apply Paytm buyback using Upstox?
Log in to the Upstox app with your credentials. Select the payment section. You will see the company name ‘Paytm’. Click on Paytm Stock for Buyback. Enter your amount and submit the Paytm Redeem Request Form.
How to Apply Paytm Repurchase Using Paytm Money?
Login to Paytm Money app with your credentials. Select Paytm. Enter your amount and submit the Paytm Redeem Request Form.
Paytm Buyback 2022 FAQ
When is Paytm Buyback 2022 record date?
Paytm buyback record date 2022 is Open Market.
When is Paytm Buyback 2022 opening date?
Paytm Buyback Opening Date 2022 is December 21.
What is the price of Paytm Buyback 2022?
The company has set the price a ₹810 per share.
How to Apply for Paytm Buyback 2022?
As per registration date you must have Paytm shares in your Demat account. You can participate in the buyback after holding the shares in your account.
Follow the Opta Watch for upcoming IPO news and their reviews, they also follow us Twitter, Facebooki Instagram. To see our latest videos, please subscribe to our YouTube channel.
[ad_2]
Source link
