Paytm IPO GMP History
Paytm IPO has been listed on November 18, 2021 at a listing price of ₹1950, against the issue price of ₹2150 — a loss of ₹200 (-9.3%). The GMP peaked at ₹100 on 8 November 2021 and reached a low of ₹30 on 16 November 2021. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Paytm IPO raised ₹18300 Cr. through its IPO at a price band of ₹2080 to ₹2150 per share, with a lot size of 6 shares. The IPO was open for subscription from 08 Nov 2021 to 10 Nov 2021.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 7:27 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 16 Nov 2021 | ₹ 30 | — | 1% | — | — |
| 15 Nov 2021 | ₹ 30 | ▼ | 1% | — | — |
| 13 Nov 2021 | ₹ 50 | ▲ | 2% | — | — |
| 12 Nov 2021 | ₹ 30 | ▼ | 1% | — | — |
| 11 Nov 2021 | ₹ 50 | ▼ | 2% | — | — |
| 10 Nov 2021 | ₹ 60 | ▲ | 3% | — | — |
| 09 Nov 2021 | ₹ 50 | ▼ | 2% | — | — |
| 08 Nov 2021 | ₹ 100 | — | 5% | — | — |
Paytm IPO dates
Key dates from opening to listing. Today is 10 November.
- Open 08 Nov 2021
- Close 10 Nov 2021
- Allotment 15 Nov 2021
- Refund/credit 16 Nov 2021
- Listing 18 Nov 2021
Paytm IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹2150 |
|---|---|
| GMP-based estimate (pre-listing) | ₹2180 (+1.4%) |
| Listing gain / loss | −₹200 per share |
| Listing date | 18 Nov, 2021 |
| Actual listing price | ₹1950 (-9.3%) |
Is Paytm IPO GMP reliable?
Grey market premium for Paytm IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Paytm IPO full review for a fundamentals-based assessment before making any grey market trades.
Paytm IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Paytm IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Paytm IPO
One 97 Communications Limited was incorporated in 2000. It runs Paytm, which it launched in 2009 as a digital mobile payment platform.
The Paytm app lets customers pay at stores, recharge phones, transfer money online, pay bills, use digital banking, buy tickets, play games, buy insurance and invest. Merchants use it for payment solutions, advertising, selling products and loyalty schemes.
On 31 March 2021 it had a base of 333 million+ consumers and 21 million+ registered merchants. Paytm was valued at US$6.3 billion as a brand by the Kantar BrandZ India 2020 report. The company has no identifiable promoter.
The IPO was Rs 18,300 crore, with Rs 8,300.00 crore of fresh issue and Rs 10,000.00 crore of offer for sale. Rs 4,300.00 crore was planned for growing the Paytm ecosystem and Rs 2,000.00 crore for new businesses and acquisitions.
Frequently asked
What is the GMP of Paytm IPO?
The current Grey Market Premium (GMP) of Paytm IPO is ₹ 30.
What is the Kostak Price of Paytm IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Paytm IPO is not available.
What is the Subject to Sauda Price of Paytm IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Paytm IPO?
Paytm IPO listed on November 18, 2021 at ₹1950, against the issue price of ₹2150 — a loss of -9.3%.
How did the GMP of Paytm IPO trend before listing?
The GMP of Paytm IPO was stable in its final days before listing. The GMP peaked at ₹100 on 8 November 2021. View the day-wise table above for the complete GMP history.
Explore Paytm IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
