ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
IPO

Paytm shares dive 27% after completing India's largest IPO

Stock plunge on debut causes headache for its backer SoftBank

A customer uses Paytm at a restaurant in New Delhi. (Photo by Kosaku Mimura)
SAYAN CHAKRABORTY and WATARU SUZUKI, Nikkei staff writers | India

BENGALURU/TOKYO -- Shares in Indian digital payments startup Paytm made an underwhelming debut on the local stock exchange on Thursday, plunging 27% from their issue price.

Read Next

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more