What Can Be Said About Paytm IPO & Company’s Future?

‘Paytm karo…’ is what we all remember from the famous jingle of the digital payment company, now officially listed on the stock market. Launching as a start-up to getting valued at US$16 Million, it’s a success story for the ages. As the Paytm IPO gets listed on Nov 18, 2021, it’s time to have a look at what comes next for the company. But before that, here’s how it has panned out till now.

• Founded: August 2010 (Noida)
• IPO Opening Date: Nov 8, 2021
• IPO Closing Date: Nov 10, 2021
• Paytm IPO Price: ₹2080 to ₹2150 per equity share
• Paytm IPO Allotment Date: Nov 15, 2021
• Listing date: Nov 18, 2021

Talking about the time the IPO got listed, the chart has the ascendant Jupiter in the house of wealth, with Saturn. This does not make things easier for Paytm. Another thing going against it would be Sun and Ketu together in the 12th house. However, the base trades may keep happening in big volumes since the Moon is in the 5th house.

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If we talk about the solar char of Vijay Shekhar, CEO, his natal Sun is under the transit of Rahu. Things do not add up for the better here as well, and it can create some problems for Paytm in the future.

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With Ganesha’s Grace,
GaneshaSpeaks.com