One 97 Communications Limited IPO Message Board (Page 4)

The IPO has beautifully exposed the truth of the Primary market.In one word:- Speculation ,Speculation and Speculation.The company has clearly mentioned that its been loss making since inception and the Management had bluntly stated that the company might never ever make profit !!!How does one expect to make profit when the company itself is a loss making entity?Then people start abusing and cursing the promoters. Retail investors apply heavily their hard earned money without even understanding the basics of the financial statements.When they incur loss after listing,people start to blame the high valuations at which the IPO was brought.Did the company hide any financial data before the IPO? Wasn''t the investors given sufficient time to study and evaluate the valuations.Only criteria for applying is GMP !!! Then the issue getting heavily oversubscribed,the retailers lose their sleep over allotment.Then the abuse of the Registrar starts.At the time of listing,the investors arent sure whether to exit or hold on to the existing shares !!! This cycle continues. One can safely conclude that the retail investors are involved in speculation and therefore the results will be as per probability (both loss and gain),just like the toss of a coin.Why then complain or abuse?? Exceptional people who have managed to break away from this cycle always exists as outliers.No offence intended.

CEO ne to ro kar apna paap dho liya... Bharat Bhagy vidhata... sun kar roya ya investors ka loss dekh kar ye to wo hi jaane. Ab investors ki baari hai rone ki. Aaram se so payega Vijay Shankar aaj 😉

Sharma''s tears were not out of penance for lakhs of investors huge loss, but at his "VIJAY" having achieved the title of bringing out the biggest ever IPO at the biggest ever premium in Indian market. From day one an orchestrated hype was created around this IPO with the help of willing merchant bankers, investment bankers, financial advisors, MF mangers, Brokerage houses etc, Despite this the hyper active grey market was not willing to give any meaningful premium. Even after sensing the ground realities and seeing the muted subscription figures Sharma could have appeared as a token penance, had he fixed the price at the lower price band 2080
Note ; Not applied in this IPO, and many other recent IPOs

I realize now. He must have been drenched with the successful visit to Balaji for IPO sailing. May be now he will be able understand what pain investors gone thru. Never thought it will go more than 10% down else i had not accepted the mandate. See stove craft..how in negative it was portrayed in this forum and see it has become multi bagger... who ever applied including me could not guess such pitfall. Need to move ahead and think if to keep or exit by cutting loss.

@Chalak lomdi mota bhai
E paytm me kitna short bacha hua hai koi andaja hai. Mere to bahut ascharya laga ki akhri bakht tak koi covering nehi aya . Bacha hua short mongal ko auction ke pahle cover nehi hoga .15 sec pahle 3100 sale bid, 7 lac share tha ohi kha giya.
Abhi apka sense keya bol raha hai, janna bahut zaruri hai .
Thank you

" me bhi usse dhundh raha hu sala ek baar hath me aa jaye bomb se uda duga... :) ( scene from hera pheri ) "

me chhota sa ... nanna saa.. munnaa saa investor hu mota bhai... apun 4 rs. cash back me hi khush he.... " No news No target No gambling " .

Only one sentence for Paytm IPO investor.

*MAINU ISHQ TERA LE DOOBA*

ye eak-tarfaa ISHQ tha, pocket saree sfaa kar gayee,
jhatka laga aisa jaisey, socket mey gusaa de unglee.

I was talking to some of my friends today. They have invested heavily in paytm ipo. They are allotted in multiple accounts. They lost huge money. Still they are holding. I wish it gives an opportunity to exit with minimal loss.

They are still holding because jab talak koi aur hold nahi karta, sabhi ko apna apna hee hold karna padta hai... stock

Valuation should be justified by performance. Watch out for the growth rates in the coming quarters. It''s too early to write-off Paytm. It''s just one day of trading.

What is Recommended level for fresh entries in stock?

Only after the decline stops and stabilize

At any rate it is not any investment grade stock . So there may not be any recommended price. It does not mean that it will not go up. Common people should avoid it.
It will give trading opportunity. If you want to trade , you may buy it in the range 1350 to 1500. Monday is very critical for this stock . So quantity should be low.

Don''t hurry to buy Paytm, pain not over yet, could see significant correction in coming days''

https://www.moneycontrol.com/news/business/markets/dont-hurry-to-buy-paytm-pain-not-over-yet-could-see-significant-correction-in-coming-days-7740451.html

https://www.business-standard.com/article/markets/sebi-likely-to-quiz-investment-bankers-on-paytm-s-listing-fiasco-121112000105_1.html

Everbody here is writing obituary. Why. At closing price, company valuation are 13.5 billion dollar. Of all payments platform, patym and phonepe are most used one by common people. And these two are bound to grow as more online payment are executed in future. And we must remember in above valuation there are embedded fresh cash of more than one billion dollar. So don''t see much fall from here on. Severe fall was more due to negative sentiment.

Even investors are not spared and offered RIP 😥

Who is going to buy at current price with conviction. What should be basis of such conviction

Dont catch falling knife. Most likely you will cut yourself
Message is meant for those who think of averaging on down. Better to book loss within financial year. You are likely to get a lower price given past experience (as technical data for this script does not exist)
so you will be able to reduce your acquisition cost to extent of gain between selling price and buying it again price

The disastrous debut of PayTM has another side effect, steep erosion in its "Brand" (which they value at $6+ billion).
People already mistrusted it, now none of their other businesses they say they are going to make money will actually achieve enough critical mass to be considered even a second rate player.
Remember, the bankers who sold that garbage and the Mutual Fund managers who have put investors money in that garbage will desperately try to resurrect it in the next few weeks/months, don''t believe them.
Exit whenever the management makes positive sounding announcements, don''t think of holding it for long-term.
Trade while it gradually goes down.

Equity Capital: 64 Crores
FV: 1
Price: 1500 (Suppose it holds there)
PE: Say 60 (for a growing tech company)
Profits should be 1500 crores to justify an EPS of 25 and a PE of 60.

Any expectations when and if PayTM can reach this?

Good question with figures. Can''t understand how these companies easily ask for 60 PE when they cannot make a one rupee profit.

Frankly speaking I don''t know what PayTM does exceptionally well or its USP?

Nobody uses paytm wallet nowadays. I use it only because my vehicle fastag is attached to it and my office provides paytm food coupons. Other than that I never open paytm.

I used to be a very heavy user of paytm earlier.

If they can monetize the UPI transactions somehow, then there will be a huge positive swing.

The conception of averaging a down going share is the most fatal one in the arena of share market as it may stuck you to a precarious situation and help you to welcome further loss. This itself is the biggest reason for people getting out of share market. If anybody do not have the ability to bear with further loss, he should exit at any convenient point. Whosoever has ability to sustain it ,it should be left as it is and watch the proceedings as it may be a long drawn process testing your patience.
However any conviction buy at lower level is a different issue and should not be treated as an averaging as it means that you have enough amount and you can hold it.

Only one review was to avoid and rest all were either neutral or apply. This means that these ratings people/agencies are hand in glove with these companies. We do not have any unbiased opinion by these reviewers which renders these reviews as harmful rather than useful. I suppose retail applicants should themselves become prudent in applying for these IPOs.

Disclaimer: Not an applicant or holder of One97 shares.

Very true. They are misguiding for their own selfish motives.

To all my friends and fellow investor''s, stay away from this company. It''s dying with no significant future ahead.
I retract my statement of buying it @1400.... I''m not putting any money in this rotting stock. You may see jump in coming days due to operator movement. Trap is set and more and more people will get stuck.
I''ll invest in cartrade but paytm..never.
Good luck.

You''ll get a chance to exit soon... probably on Monday itself...take your decision accordingly

@Monster cartrade bhi kam nhi ...35 percent down h

Other than this paytm, does anyone remembers any ipo in last several years which closed more than 27% down on listing day?

@lokes - This may help you:

https://www.moneycontrol.com/news/business/ipo/with-27-fall-on-debut-day-paytm-emerges-as-biggest-loser-among-ipos-listed-in-a-decade-7737261.html

@neolongus: ya already checked this and pasted in this same thread also.
You may see little older message in this same thread ☺️

It will takes years to see even closing price of listing day it seems ...forget offer price which will never ever come.....rerail investors should exit as soon as possible...IMO

There are hundreds of Mutual Fund Managers who have poured investor money carelessly in such overpriced IPOs in the last 1 year. Every IPO that has come out in the last one year is overpriced, I am sure some have doubled and tripled, that doesn''t make them a long-term success story remember that.
You never know when the music stops and the party becomes a funeral, so new investors, if you are making good returns book your profits and if you are making losses cut your losses and net net your taxes will be lower if you are in the tax bracket.
PayTM will keep making small to moderate bounces while it slides slowly to double digits in the next 4-5 years. Stop thinking you''ll make money from it and definitely don''t try to Average it by adding more on dip.
Mutual Fund Managers who have dumped Retail money and Bankers who have sold the trash have vested interest to keep this bubble alive because it is necessary to keep the bubble from bursting, so if and when there''s bounce, sell your holdings and cut your losses and trade in it as it moves down.
You can trade on it, not invest in it.

Sir, most of the MF investment of IPO will be sold silently after listing. Yes bank FPO were subscribed some small banks like IDFC. They have sold it within few months. These are done to loot retail investors

@Sunaralpha, that''s exactly what i mean.
MF houses treat investors money like Tap Water, pouring it without second thought.

Warren Buffett --- >>

- The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage.
- The stock market is a no-called-strike game. You don’t have to swing at everything – you can wait for your pitch.
- There is nothing wrong with a ‘know nothing’ investor who realizes it. The problem is when you are a ‘know nothing’ investor, but you think you know something.

Very true !!
It weighs a lot in current circumstances and also relates to the late entrant or one timer (so called) Gurus / champs