Paytm is pricing the IPO between โน2,080โโน2,150 per share, that puts the valuation at about $20 billion (โน1,49,000 crores) โ70 times its operating revenue of โน2,109 crores (as of March 2021)
Happy Diwali ๐ช๐ช๐ช
Diwali Book Pick, extremely under-rated and not talked about. Helped the most in learning Valuations and how it evolves with the business ๐
Book of Value: The Fine Art of Investing Wisely by Anurag Sharma