Paytm is pricing the IPO between βΉ2,080ββΉ2,150 per share, that puts the valuation at about $20 billion (βΉ1,49,000 crores) β70 times its operating revenue of βΉ2,109 crores (as of March 2021)
Happy Diwali πͺπͺπͺ
Diwali Book Pick, extremely under-rated and not talked about. Helped the most in learning Valuations and how it evolves with the business π
Book of Value: The Fine Art of Investing Wisely by Anurag Sharma