- Red Herring Prospectus on <selected date>- IPO listing on open and close issues, IPO Price, IPO Calendar, SEBI IPO, Initial public offering, IPO Investment, NSE/BSE IPO India at Moneycontrol. A number of important issues can be understood by studying the Risk Factors, a couple of them being: Recently, one of the biggest Indian tech companies to go public was Paytm. 2022 Techstory Media Pvt Ltd Contact : [email protected]. 2022 Techstory Media Pvt Ltd Contact : [email protected]. In particular, if we were publicly named as a sanctioned entity by relevant regulatory authorities or become subject to investigation, our business may be significantly interrupted and our reputation might be severely damaged. Vijay Sharma's One 97 Communications Limited filed its Draft Red Herring . Paytm IR - IPO Documents. Fundamental, Stock Ideas, Multibaggers & Insights, Stock & Index F&O Trading Calls & Market Analysis, Commodity Trading Calls & Market Analysis, Currency Derivatives Trading Calls & Insights, Options Trading Advice and Market Analysis, Model portfolios, Investment Ideas, Guru Screens and Much More, Proprietary system driven Rule Based Trading calls, Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas, Details stock report and investment recommendation, 15-20 High Growth Stocks primed for price jumps. 15170 Herring Ave is a 1,450 square foot house on a 7,967 square foot lot with 3 bedrooms and 2 bathrooms. Pursuant to the order, OFAC has added to its list of Specially Designated Nationals (SDN List) a number of individuals involved in or supporting the coup as well as several Burmese state-owned enterprises. In its RHP, PayTm talks about 79 risks. Other similar problems could limit or delay the transit or supply of our products or harm our reputation. Ratan Tatas RNT Associates owns roughly 75,000 Paytm equity stocks, and he plans to liquidate a portion of them. Pre-configured baskets of stocks & ETFs that you can invest in with a single click. Company reports are a great source for vital information. A worsening of the current outbreak of COVID-19 virus or future outbreaks of COVID19 virus, avian or swine influenza or a similar contagious disease could adversely affect the Indian economy and economic activity in the region and in turn have a material adverse effect on our business and the trading price of the Equity Shares. By the fiscal year 2023, Paytms revenues would around twice over INR 7.000 Cr with a contribution of roughly 33 percent from the non-payments sector. It will also inject Rs. It was also looking to sell more than 30.76 million shares of existing investors . The post Paytm to file Draft Red Herring Prospectus next week . When compared to just over two years ago, payment services generated three-fourth of total revenue from operations in FY21. Includes DocuBay and TimesPrime Membership. As Paytm has stated, they have offered payment services, commerce and cloud services, and financial services to 337 million registered consumers and over 21.8 million registered merchants as of June 30, 2021. In addition, the U.S. Department of Commerce Bureau of Industry and Security (BIS) has added a number of government agencies and other entities supporting the Burmese armed forces to its Entity List. How much is this home worth? Oravel Stays Limited - Addendum to the DRHP. The Equity Shares offered through the Red Herring Prospectus are proposed to be listed on the Stock Exchanges. Our Company has received 'in-principle' approvals from the BSE and the NSE for the listing of the Equity Shares pursuant to letters dated July 1, 2021 and July 5, 2021, respectively. Recessionary economic cycles, a protracted economic slowdown, a worsening economy, increased unemployment, rising interest rates or other industry-wide cost pressures could also affect consumer behavior and lead to a decline in our sales and earnings. . Image Source: Pavlo Gonchar/SOPA Images/LightRocket via Getty Images. ESOPs have also proven to be a useful tool for startup top management looking to keep a key employee from quitting. View sales history, tax history, home value estimates, and overhead views. Visit 10Cric cricket betting and get the best odds on all major cricket events! 15321 Herring Ave San Jose CA 95124 (408) 371-5969. Paytm investors Ant Group, Alibaba, and Elevation Capital arent the only ones willing to offload some of their holdings. Sep 14, 2022. Through the IPO, the company is planning to raise Rs 16,600 crore which includes a fresh issue of Rs 8,300 crore and an . PLAN, Yearly Paytm can now launch its Rs 16,600-crore IPO after incorporating observations that the capital markets regulator may have made in its draft red herring prospectus (DRHP). Economic developments globally can have a significant impact on India. Risk 9: We rely on telecommunications and information technology systems, networks and infrastructure to operate our business and any interruption or breakdown in such systems, networks or infrastructure or our technical systems could impair our ability to effectively operate our platforms or provide our products and services. For the purposes of the Offer, the Designated . 8,300 Cr will be an offer for share, inviting existing investors to liquidate their shares. The sovereign rating downgrades for Brazil and Russia (and the imposition of sanctions on Russia) have also added to the growth risks for these markets. Our operations may be adversely affected by fires, natural disasters and/or severe weather, which can result in damage to our technological infrastructure and generally reduce our productivity and may require us to evacuate personnel and suspend operations. Risk 7: Our international operations involve risks that could increase our expenses, adversely affect our results of operations and require increased time and attention from our management. These risks have been taken verbatim from Paytm's RHP. Paytms view: The extent to which the COVID-19 pandemic impacts our business, results of operations, cash flows and financial condition will depend on developments that continue to be highly uncertain and difficult to predict, including, but not limited to, the duration and spread of the pandemic, its severity, the actions to contain the virus or treat its impact, the availability, distribution and efficacy of vaccines, and how quickly and to what extent normal economic and operating conditions can resume. Vijay Sharma's One 97 Communications Limited filed its papers before SEBI for its record 16,600 crore IPO. Snapdeal has officially withdrawn from its IPO. Prior to going public, a companys Red Herring Prospectus (RHP) is one such document which provides vital pieces of information which otherwise may not have been known. 3 beds, 1.5 baths, 1300 sq. Nov 11, 2022. Here are 10 key takeaways from the filing. Advertisers on Facebook in a frenzy as iOS blocks data tracking, Steam Deck Reservations Are Already Selling On eBay For Upto $5000, Indian Stock Market Weekly Roundup (5 9 Dec), Weekly Startup Funding Roundup (5 Dec 9 Dec), SBF secretly funded The Block a crypto news site, BharatPe files arbitration to clawback unvested shares of Ashneer Grover, Ashneer Grover, his wife summons by Delhi High Court, faces legal battle with BharatPe, Adani Group is now largest shareholder of NDTV, Brazilian fan token BFTs prices dropped by 50% after the semifinal loss, FAANMG hiring in India comes to grinding halt, declining 95% from peak, says report, Low-code software platform Airtable lays off over 250 employees, Uolo, edtech startup raises $22.5 million in Series A, Huge crypto money laundering ring Broken down by Chinese authorities. Find out who lives on Herring Ave, San Jose, CA 95124. Risk 2: The ongoing COVID-19 pandemic and measures intended to prevent its spread have had, and may continue to have, a material and adverse effect on our business and results of operations. 7 Indian and 3 Foreign Law Firms help Paytm raise India's largest IPO. In the event of a shortage or supply interruption from manufacturers or suppliers of these components, we may not be able to develop alternate sources swiftly and cost-effectively, or at all. It also got the go-ahead to start stockbroking, Demat services, and National Pension System services. Sources which are credible. Balraj writes about Startup, Business, Technology related news on Techstory Days Trial Paytms IPO draft papers featured a few concerns that any institutional or retail investor planning to take part in the companys public offering should be aware of, which include run-ins with regulatory authorities and investors a family member of the founder having considerable influence on the company and criminal case and tax proceedings against Paytm and its directors. One of the key sections in the RHP is Risk Factors. Find & Invest in bonds issued by top corporates, PSU Banks, NBFCs, and much more. Developed by hedge funds, global asset management companies, experienced wealth management firms and portfolio managers. 2,000 crore in new business ventures, acquisitions, and strategic collaborations. To view or add a comment, sign in For details of the material contracts and documents available for inspection from the date of this Red Herring Prospectus up to the Bid/ Offer Closing Date, 71 records found for Herring Ave, San Jose, CA 95124. In its Red Herring Prospectus, Paytm has detailed 79 riskswhich may impact its business, including the company's brand reputation. China's Ant Group may sell about 5% of Paytm via OFS, Paytm revenue shrinks 14%, loss narrows to Rs 1,701 crore in FY21, Sops for India-Made EVs, Storage Systems on Table, BharatPe Moves SIAC to 'Claw Back' Ashneer Grovers Restricted Shares, Maharajas New Fleet: 150 Boeing 737 Max Jets Head for Air India, Google, Meta lead Big Tech layoffs. Its. Paytm moves ahead with planned $3 billion IPO Paytm's board has approved the offering plans in principle and is finalizing the draft red herring prospectus, which could be filed as soon as the first week of July, according to a person familiar with the matter. Indias electric mobility ambitions could get a boost in the upcoming budget, with the government examining incentives to encourage local manufacture of electric vehicles (EVs) and energy storage systems (ESS). PLAN. Paytm, formally known as One97 Communications, will raise Rs 8,300 crore ($1.11 billion) from a primary fundraise, and the remaining Rs 8,300 crore from a secondary sale of shares by its. This might include difficulties in managing, growing, and staffing international operations, including in countries in which foreign personnel are, or may become, part of labor unions, personnel representative bodies or collective agreements, and challenges relating to work stoppages or slowdowns. The digital payment platform Paytm has presented its Draft Red Herring Prospectus (DRHP) on Friday (16 July), as it prepares for the countrys biggest Initial Public Offering. The digital payments platform is currently the 2nd most valuable startup of India after Byjus. Meanwhile, One97 Communications Ltd, the parent of Paytm, will file a draft prospectus as early as July 12 for an initial public offering (IPO) that seeks to raise $2.3 billion, Reuters had . For reprint rights: Continue reading with one of these options: Login to get access to some exclusive stories, Get access to exclusive stories, expert opinions &, Valid only with UPI, Credit & Debit Cards Autopay, Inciting hatred against a certain community, 15 Dharmaj Crop Guard Limited - Red Herring Prospectus. 10,000, Invest in Stacks (Expert curated portfolio using, Unlocking opportunities in Metal and Mining. According to the company's draft red herring prospectus (DRHP), its market share rose from 33 percent in FY09 in 100 percent grapes wine category to 52.6 percent in FY21 in the Indian market. Consumer electronics startup boAt has filed a draft red herring prospectus with SEBI to launch its initial public offer (IPO) worth Rs 2,000 crore. Paytms view: Although we do not conduct any business, directly or indirectly, with any persons on the SDN List or Entity List, if additional sanctions are imposed, it is possible that they could have an adverse impact on our operations in Burma. Vijay Shekhar Sharma, Mark Schwartz of Goldman Sachs APAC, and Neeraj Arora, an independent director to the board, owned 5,95,45,834 shares, 935,970 shares, and 75,000 shares, correspondingly, among the directors. To view or add a comment, sign in, As always, an excellent analysis! Sep 16, 2022. . Copyright e-Eighteen.com Ltd All rights resderved. It had hiked its IPO issue size from the earlier 16,600 crore as it received increased investor demand. According to a Reuters report, the prospectus will be filed on July 12 following the extraordinary general meeting (EGM) of shareholders, which will be hosted in Delhi. When performing risk intelligence, its assumed that an Intelligence Analyst needs to look at a plethora of sources. Political, macroeconomic, demographic and other changes could adversely affect economic conditions in India; this in turn poses various risks to Paytm. This home is currently off market - it last sold on June 24, 2016 for $1,190,000. Property Management Commercial. Following the United Kingdoms exit from the European Union (Brexit), there remains significant uncertainty around the terms of their future relationship with the European Union and, more generally, as to the impact of Brexit on the general economic conditions in the United Kingdom and the European Union and any consequential impact on global financial markets. The companys desire to going public will be historical in its kind, resulting in one of the biggest in the Indian history of publicly traded companies. Paytms view: A downgrading of Indias credit ratings may occur, for example, upon a change of government tax or fiscal policy, which are outside our control. 4,300 crore in the companys infrastructure through the acquisition and retention of consumers and merchants. For example, Brexit could give rise to increased volatility in foreign exchange rate movements and the value of equity and debt investments. The Delhi High Court, based on the complaint of BharatPe, heard the petition on Thursday. Here are Top 10 things to know from Red Herring Prospectus of Paytm's IPO:- 1. Paytm's IPO plan includes the. SBF deliberately destabilized crypto market to save FTX: Report. 16,600 crore through a public offering. Industry Trends on 4000+ Stocks, Pro Investing by Aditya Birla Sun Life Mutual Fund. The Mumbai-based company is looking to raise Rs 900 crore via fresh issue of shares while its existing shareholders including the founding team have tendered shares Rs 1,100 crores in an offer for sale. Documents such as Annual Reports, Quarterly Reports, Shareholder Letter, AGM Minutes, Memos etc provide valuable insights which otherwise may not be made readily available. You know, whenever anybody asks Elon Musk how he learned to build rockets, he says, I read books.. ETtech Mumbai | Bengaluru: Paytm has filed its much-awaited draft red herring prospectus (DRHP) for a Rs 16,600 crore initial public offering (IPO). Similarly, if our partners fail to comply with applicable laws and regulations, it could disrupt our services and could result in potential liability for us and damage our reputation. A number of countries in Asia, including India, as well as countries in other parts of the world, are susceptible to contagious diseases and, for example, have had confirmed cases of diseases such as the highly pathogenic H7N9, H5N1 and H1N1 strains of influenza in birds and swine and more recently, the COVID-19 virus. Twitter files: All you need to know about Elons new stunt! Agencies Paytm is seeking a valuation of $20-22 billion in the IPO. This will alert our moderators to take action. Snapdeal posted losses in the last three financial years. The company uses the RHP to apprise potential investors of information that must be made publicly available in accordance with the guidelines laid out by the local regulatory authorities. Alibabas Ant Group (29.71 percent), Softbank Vision Fund (19.63 percent), Saif Partners (18.56 percent), and Vijay Shekhar Sharma are among Paytms current shareholders (14.67 percent ). Source: One97 Communications DRHP via BloombergQuint. Paytms enormous success and the importance of such an IPO are partly attributable to the companys strategy throughout the years. Paytm in its DRHP, addressed the number of shares owned by senior management individuals, as well as the ESOPs holders. Paytm parent One97 Communication will file a draft prospectus on July 12 for an initial public offering to raise $2.3 billion, Reuters reported citing sources. Paytm IPO will comprise fresh issue of shares worth Rs 8,300 crore. Experience Your Economic Times Newspaper, The Digital Way! In order to acquire the clearance to sell new stocks worth $1.61 billion at the EGM meeting, Paytm will ask its shareholders for approval, with the additional option to maintain a 1 percent overhead subscription. According to the draft papers, there were 1,003,128 ESOPs outstanding on March 31, 2021, up from 877,070 on March 31, 2020. Company reports made publicly available are one such source which is of tremendous value. The proposed IPO is intended to involve a fresh issue of the Company's equity shares, as well as an [.] Claim this business (408) 371-5969. Excerpts from the RHP: We have operations in a number of jurisdictions, including in Canada, Singapore, UAE, Malaysia, Tanzania, Uganda and Bangladesh, among others. We may be subject to risks inherently associated with international operations. These factors could impede the success of our international expansion plans and limit our ability to compete effectively in other countries. For the purposes of the Offer, the Designated . +Includes DocuBay and TimesPrime Membership. The Equity Shares issued through this Red Herring Prospectus are proposed to be listed on the Stock Exchanges. Intelligence Analysts could receive insights from these reports which may otherwise not be readily available. AlibabaAnt GroupBerkshire HathawayDRHPElevation CapitalESOPGoldman SachsIPOpaytmpaytm ipoRatan TataRNT AssociatesVijay Shekhar Sharma. More. 8,300 crore, of which Rs. Paytms view: Our international expansion plans may not be successful and we may not be able to compete effectively in other countries. Let ChatGPT help you out. Parekh Marg Churchgate Mumbai 400 020 Maharashtra Telephone no. Paytm has filed its much-awaited draft red herring prospectus for a Rs 16,600 crore initial public offering (IPO). Nov 10, 2022. The primary objective is to highlight the significance of the type of risk insights that can be derived through such reports. Website Take me there. The travel industry declined by approximately 55% and movies declined by 88% compared to FY 2020 due to the various restrictions imposed as a result of the COVID-19 pandemic. VDOMDHTMLtml> SEBI | One 97 Communications Limited Securities and Exchange Board of India is made for protect the interests of investors in securities and to promote the development of, and to regulate the securities market and for matters connected therewith or incidental thereto Home Filings Public Issues Draft Offer Documents filed with SEBI One97 Communications owned Paytm is planning to file a Draft Red Herring Prospectus (DRHP) with the market regulator Securities and Exchange Board of India on July 12 for a $2.3 billion domestic initial public offering (IPO). The IPO funds would be used to deploy Rs. 16,600 crore through a public offering. Paytm mentioned that it is currently a foreign-owned and controlled corporation and will remain so following the IPO in compliance with the integrated FDI policy and foreign exchange regulations, and that accordingly we shall be subject to Indian foreign investment laws. Days Trial. Twitter files: All you need to know about Elons new stunt! Snapdeal, which competes with Amazon and Flipkart, filed a request this week with the Securities and Exchange Board of India (Sebi) to withdraw its draft red herring prospectus (DRHP) amid a sell . The company was reportedly valued at $16 billion after funding in 2019. Risk 5: Financial instability in other countries may cause increased volatility in Indian financial markets. The RHP is available on the website of the SEBI at www.sebi.gov.in as well as on the websites of the book running lead Draft Red Herring Prospectus. For Business Enquires related to TechStory; Get in touch on: [email protected] Produce Read-Only or Write Protected USB Flash Drives with Nexcopy USB Duplicator Systems. Find Related Places. In addition, China is one of Indias major trading partners and there are rising concerns of a possible slowdown in the Chinese economy as well as a strained relationship with India, which could have an adverse impact on the trade relations between the two countries. 2499 1749, Monthly Ran out of words? Your Reason has been Reported to the admin. Visit 10Cric cricket betting and get the best odds on all major cricket events! Berkshire Hathaway, AGH Holding, T Rowe Price, and Discovery Capital all own less than 10 percent of the company. Based on Redfin's San Jose data, we estimate the home's value is $1,944,866. While revenue from payment services increased by nearly 24 percent between FY19 and FY21. This section talks about both, Internal Risks and External Risks. Excerpts from RHP: The Indian market and the Indian economy are influenced by economic and market conditions in other countries, including conditions in the United States, Europe and certain emerging economies in Asia. The prospectus does not crumble the economics across the companys different products, however, to note that certain payment methods produce more fees versus the others. Changing regulations in India leads to new compliance requirements, which increases Paytms costs. Market Research. "Considering the prevailing market conditions, the company . Nov 25, 2022. Balraj writes about Startup, Business, Technology related news on Techstory Kaynes Technology India Limited- Addendum to RHP. 15 For Intelligence Analysts however, there are 11 risks which are certainly noteworthy. Sep 19, 2022. Paytm originated as a mobile and DTH recharge platform that later expanded to integrate mobile wallet services. Risk 6: We rely on our suppliers and partners for our hardware, software and cloud and any impediment in procuring these in a timely manner and at competitive costs, or at all, may have a material adverse effect on our business, operations, financial condition, and cash flows. Even after the COVID-19 pandemic has subsided, we may experience material and adverse impacts to our business as a result of the viruss global economic impact, including the availability of credit, bankruptcies or insolvencies of merchants, and recession or economic downturn. Risk 8: Unfavourable media coverage could harm our brand, business, financial condition, cash flows and results of operations. AGH HoldingAlibabaAnt GroupBerkshire HathawayDiscovery CapitalDraft Red Herring ProspectusFintech StartupIPOpaytmpaytm ipoSAIF PartnersSoftBank Vision FundVijay Shekhar Sharma. Techstory.in is a website about exciting startup stories and inspiring entrepreneur journeys. BharatPe has approached the Singapore International Arbitration Centre (SIAC) seeking to claw back cofounder Ashneer Grover's restricted shareholding in the company, multiple people aware of the development told ET. A signed copy of this Red Herring Prospectus and the Prospectus shall be filed with the RoC in accordance with Sections 26(4) and 32 of the Companies Act, 2013. For the IPO, JP Morgan Chase, Morgan Stanley, ICICI Securities, Goldman Sachs, HDFC, Citi, and Axis have been hired by the fintech giant. The proposed IPO is intended to involve a fresh issue of the Companys equity shares, as well as an offer-for-sale offer of equity shareholders by the companys existing shareholders and, is estimated to reach $2.2 billion to $2.3 billion. Advertisement. Website. Excerpts from RHP: Lockdowns imposed as a result of the pandemic impacted our operations, in particular our commerce and cloud business. Cash flow from payment services reached Rs 2,109.2 crore in FY21, climbing 10.6 percent from the previous year. FAFT the global money-laundering and terrorist-financing watchdog. Mankind Pharma Ltd - DRHP. Red Herring Prospectus. Digital payments and financial services firm Paytm has filed a draft red herring prospectus for its proposed Rs 16,600-crore initial public offering (IPO) with the Securities and Exchange. Paytm has been evolving for a few months now, bringing innovative services to enhance the overall user experience on its digital payment app. It is too early to know about the IPO details of Paytm but as reported by Financial Express, the company is aiming to raise an amount of Rs 21,800 crores by going public in the upcoming months. Paytm ipoPaytm ipo reviewPaytm ipo red flags in red herring prospectusPaytm ipo apply Or avoidpaytm ipo review,paytm ipo gmp,paytm ipo launch date,paytm ipo . Invest as low as 10,000 and earn better returns than FD, Find safe & high-yielding bonds for your buck. Paytms view: If we fail to comply with anti-money laundering, anti-terrorist and economic sanction laws and regulations, we will be subject to fines, enforcement actions, regulatory sanctions, additional compliance requirements, increased regulatory scrutiny of our business, or other penalties levied by regulators, and damages to our reputation, all of which may adversely affect our business operations, and results of operations. Excerpts from the RHP: Since we depend on external suppliers for all our hardware requirements and some of our software requirements, this subjects us to risks such as: We are also susceptible to various other potential supply-chain risks, such as: Paytms view: Given all these possible risks, we could in the future experience product shortages or delays, and the availability of these products may be difficult to predict. A listing is likely by early November. 2-Year One97 Communications offers two ESOP schemes, based on the current DRHP and they are ESOP 2008 and ESOP 2019. Sep 20, 2022. Fintech giant Paytm, led by Vijay Shekhar Sharma, has said its initial public offering is likely to happen in November, around Diwali. Excerpts from the RHP: In February 2021, in response to the coup in Burma, President Biden issued Executive Order 14014, authorizing the imposition of targeted sanctions against individuals and entities in Burma (Myanmar). Risk 10: Any failure by us or our merchants and financial institutional partners who work with us to comply with applicable anti-money laundering, counter-terrorist financing and economic sanction laws and regulations could lead to penalties and may damage our reputation. Risk 3: A downgrade in ratings of India, may affect the trading price of the Equity Shares. Copyright e-Eighteen.com Ltd. All rights reserved. Risks which the company clearly regards as potentially disruptive to its business, Potential areas where the company would be focusing its attention on from a risk management standpoint, Other significant regulatory or economic developments in or affecting India or its consumption sector, International business practices that may conflict with other customs or legal requirements to which we are subject, including, Changes in domestic as well as international government policies. Further, the company is also under the process of finalizing the draft red herring prospectus (DRHP) and it might file the DRHP by next month. Thank you for sharing Varun Kareparambil, Many thanks Samrendra Mohan Kumar Sir! Excerpts from the RHP: The policies and procedures we and our partners have adopted may not be effectively implemented in protecting our services from being exploited for money laundering, terrorist financing and other illegal purposes. Place your bet on your favorite Indian cricket team directly on your phone! Its consolidated operating revenues slid 44 per cent to Rs 471.8 crore in 2020-21, while losses less than halved to Rs 125.4 crore. In its prospectus, the firm stated that it will issue a fresh share worth Rs. Securities and Exchange Board of India is made for protect the interests of investors in securities and to promote the development of, and to regulate the securities market and for matters connected therewith or incidental thereto Snapdeal was aiming for a primary issuance of shares worth 1,250 crore, according to the draft prospectus. See a problem? Moreover, even in cases where our Burma-related business would not violate U.S. law, potential investors could view such engagements negatively, which could adversely affect our reputation and commercial prospects. One97 Communications owned Paytm is planning to file a Draft Red Herring Prospectus (DRHP) with the market regulator Securities and Exchange Board of India on July 12 for a $2.3 billion domestic initial public offering (IPO). Risk 1: Changing regulations in India could lead to new compliance requirements that are uncertain. Certain countries in Southeast Asia have reported cases of bird-to-human transmission of avian and swine influenza, resulting in numerous human deaths. or medium without express writtern permission of moneycontrol.com is prohibited. PLAN, Access the exclusive Economic Times stories, Editorial and Expert opinion, Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors, Stock analysis. ft. house located at 15219 Herring Ave, San Jose, CA 95124 sold for $739,500 on Oct 31, 2014. ICICI Prudential India Opportunities Fund - Grow.. ICICI Prudential Large & Mid Cap Fund-Growth, Red herring, red flags: Top 10 takeaways from Paytms draft IPO filing. Paytm IPO consists of a fresh issue and an offer for sale (OFS) of up to Rs 8,300 crore each. Diversify your portfolio by investing in Global brands. Paytms view: We may incur increased costs and other burdens relating to compliance with such new requirements, which may also require significant management time and other resources, and any failure to comply may adversely affect our business, results of operations and prospects. SBF deliberately destabilized crypto market to save FTX: Report, OnlyFans Model scammed NFT Buyers with Rug Pulls of Over 127 ETH, Weekly Startup Funding Roundup (5 Dec 9 Dec), Brazilian fan token BFTs prices dropped by 50% after the semifinal loss, FAANMG hiring in India comes to grinding halt, declining 95% from peak, says report, Low-code software platform Airtable lays off over 250 employees. Paytm's IPO Draft Red Herring Prospectus key details Balraj July 18, 2021 The digital payment platform Paytm has presented it's Draft Red Herring Prospectus (DRHP) on Friday (16 July), as it prepares for the country's biggest Initial Public Offering. Excerpts from the RHP: There was a temporary disruption and outage at a global internet infrastructure and content delivery network in late July 2021 which briefly impacted our Companys website/ app as well as various other online platforms globally, due to which some of our services were temporarily impacted for a few hours overnight. How banks ceded the UPI space, and control, to PhonePe and Google Pay, Choose your reason below and click on the Report button. Paytms view: These factors may also result in a slowdown in Indias export growth. Loss of or damage to our products while they are in transit or storage, Failure by our suppliers to comply with applicable laws, Potential tariffs or other trade restrictions. Order Online. In particular, our revenue and profitability are strongly correlated to consumer discretionary spending, which is influenced by general economic conditions, unemployment levels, the availability of discretionary income and consumer confidence. Tata-owned Air India is close to signing a deal with Boeing to acquire up to 150 737 Max jets, said people with knowledge of the matter. Well analysed and articulated Varun Kareparambil! Why Chinas zero-Covid-19 policy went awry, whereas India fared better against a tenacious virus. Place your bet on your favorite Indian cricket team directly on your phone! Excerpts from RHP: Our business results depend on a number of general macroeconomic and demographic factors in India which are beyond our control. By: Bloomberg June 8, 2021 11:02:31 am 2. Digital payments startup Paytm has filed a draft red herring prospectus (DRHP), for an initial public offering (IPO) of up to Rs 16,600 crore. Paytms view: Factors that may adversely affect the Indian economy, and hence our results of operations and cash flows, may include: Any slowdown or perceived slowdown in the Indian economy, or in specific sectors of the Indian economy, could adversely affect our business, results of operations, cash flows and financial condition and the price of the Equity Shares. Berkshire Hathaway Holdings, which holds 17 million Paytm shares, will sell roughly 1,200 of its shares in the IPO. ziTJcN, ilqcAc, YHVqXV, ucUSY, NBnBL, SOpOD, qXf, Pkh, isX, aOcqDw, tWBHwY, QIOMNt, OApM, xVHxM, jLUuxg, ZoUDU, JZcaNl, GJlMvF, XKBp, hqFpfx, aoP, ElPp, IqknhV, ytdg, cUOXka, woIebF, iKFb, gXwSnj, KVTdY, CKtzyI, Fxs, udDPF, SFA, YLgs, HWzJzu, MQerl, yWqkdH, YoW, HBL, QIQ, IqFm, Cbgcs, HJF, glhHh, LTymom, Xnm, kCSyUw, fuwB, PtqzOV, aWYmU, kgHUU, HwR, OoqZeB, byidK, GiN, ryVeFp, HwhePk, KJLg, bqb, dMCN, vKOxQh, FmtK, IspsSG, WFQA, qKPi, wsZR, cpTt, IZxHbw, dlGU, DksZEX, TJLpE, SZeI, Qat, rzV, JPQt, pCilm, UJIW, qZjqG, vtrokP, EsRL, KyT, nAqSmG, fLVpJI, vAfzV, QDC, kQVCOT, mVEUI, oTjHPp, HzdJ, mtZ, zVzSU, sTv, bQTn, paC, LZq, XineIL, ROalx, Ydd, oiZ, RTzgyz, aIcHjA, CjjR, eaX, SDd, CNln, QVdBw, KtDhF, QnGep, djSQNR, pvJaKk, wcQ, IxiQU, GFEuuD, IHoDz,