Sharma shared his regret of not choosing the correct bankers for the IP
Sharma also compared Paytm's listing with Infosys, saying that the wealth creation from Paytm’s IPO was restricted to only a few while Infosys brought more returns widespread
Paytm’s share prices have dipped over 65% compared to its IPO issue price of INR 1,950
Paytm founder and CEO Vijay Shekhar Sharma has said he regrets his choice of bankers for the fintech giant’s initial public offering (IPO).
“I have been an entrepreneur long enough now. I have a regret of not choosing the correct bankers for the IPO,” Sharma said during Tie Delhi NCR’s India Internet Day 2024, according to a report by Moneycontrol.