Paytm’s 75% slump is world’s worst for large IPOs in a decade - Printable Version
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Paytm’s 75% slump is world’s worst for large IPOs in a decade - Levin - 25-11-2022
PUBLISHED NOV 24, 2022, 1:13 PM SGT
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The company has seen its stock erase 75 per cent of its market value one year after its US$2.4 billion (S$3.3 billion) offering, the largest on record at the time in India. The dive is the steepest first-year slide globally among IPOs that raised at least the same amount since Spain’s Bankia’s 82 per cent drop in 2012
https://www.straitstimes.com/business/paytm-s-75-slump-is-world-s-worst-for-large-ipos-in-a-decade