- Date : 03/11/2021
- Read: 4 mins
Paytm IPO: Opportunity to become a customer as well as an investor
You may have been a Paytm user for years and may have helped the company grow in these years. Now is the opportunity for you to participate in the growth of the company by becoming an investor. The Paytm IPO will be open for subscription on 8th November 2021. Please note that the parent company of Paytm is One 97 Communications Limited. So, in the IPO application, you will see the name One 97 Communications Limited instead of Paytm.
Paytm IPO details
Here is all you need to know about the Paytm IPO:
Let us see how you can apply for the IPO through some discount share brokers like Zerodha, Upstox, and 5Paisa.
How to apply for Paytm IPO through Zerodha
If you have a trading and Demat account with Zerodha, the following are the steps for applying in the Paytm IPO:
a) Login to your Zerodha Console and select “IPO” from the “Portfolio” menu.
b) You will see the list of ongoing IPOs. Click the “Apply” button for One 97 Communications Limited IPO.
Image: Select Paytm IPO from the list of ongoing IPOs
c) The IPO application will open up. You need to fill in your details like UPI ID, investor type, the number of shares you wish to apply for, the price you wish to apply for, and click on the "Submit" button.
Related: All About IPOs And Why India Is Being Flooded By Them
Image: Fill in the IPO application details
d) You will get the message that your application has been submitted. Once you get a request from your bank, you will have to authorize the UPI transaction.
Image: Submission of application and authorization of UPI transaction
The authorization of the UPI transaction will complete the transaction.
How to apply for Paytm IPO through Upstox
If you have a trading and Demat account with Upstox, you can take the following steps to apply for the Paytm IPO:
a) Login to the Upstox App and select the IPO section. Click on the “View ongoing IPO” link.
Image: IPO section and ongoing IPOs
b) From the list of ongoing IPOs, select the Paytm IPO and click on the “Apply” button.
Related: What To Know Before Putting Your Money In An IPO?
Image: Select the Paytm IPO
c) Fill in your application details like UPI ID, investor type, number of shares you wish to apply for, the price you wish to apply, etc., and click on the "Continue" button.
Image: Fill in your application details
d) Once you click on “Continue”, all the details that you have submitted will be displayed for confirmation. If the details are correct, click on the “Confirm and apply” button.
Image: Confirm and apply
e) Once you confirm and apply, you will get a message that your application has been successfully created. You then need to authorize the UPI payment mandate.
Image: Authorization of UPI payment mandate
The authorization of the UPI transaction will complete the IPO application.
How to apply for Paytm IPO through 5Paisa
If you have a trading and Demat account with 5Paisa, you can take the following steps to apply for the Paytm IPO:
a) Login to the 5Paisa application and go to the IPO section. Select the “One 97 Communications Limited” IPO
Image: Select Paytm IPO from IPO section
b) Fill in the IPO application details like the number of shares you wish to apply for, the price you wish to apply for, your UPI details, etc.
Image: Filling the application details
On submitting the application, you will need to authorise the UPI transaction. The authorisation of the UPI transaction will complete the IPO application.
Related: IPOs In 2021: How To Invest In IPO Via Kotak Securities, HDFC Securities, Sharekhan, And ICICI Direct
Paytm IPO is a good opportunity for you to invest in one of India’s biggest and popular start-ups. The IPO will be open soon. So, what are you waiting for?
Note: The screengrabs are only for reference/illustration purposes.