‘Cannot predict long-distance game results based on the first day 1

Mumbai: This has become a Rollercoaster day for the founder of Paytm Vijay Shekhar Sharma from the height of concluding the largest IPO in the country with a list followed by shares that hit a lower circuit.
In an interview with Toi, Sharma talked about how he had faith in the market and how he planned to convince investors through the explanation and implementation of the company’s plan.
Why is the listing so important? It happens in generations to change the fate of a country and I will never believe that in my life, I will see the opportunity to have a big impact on a large scale.
That India from Digital-negative will be the original country-original where mobile and paytm payments have become mainstream.
And then today we can bring the company to the stock exchange.
I did not see this only as a fundraising.
In fundraising, we get capital to expand business and have people who buy into business models.
In the list, we welcome a million new shareholders to the Paytm family and it’s important.
But investors will be disappointed with the performance of the day listing.
What will you say? No investors invest for one day.
If they invest only for a day, they are not investors.
One day is not a game and this is not a loss.
There are many explanations and many executions we will bring to make people understand business.
I can’t comment on the tournament results in long distance games based on the first day.
Let’s see how we execute a new business plan to respond to opportunities.
You have a base in terms of customers.
When will the network effect kick? In our main income routes, items such as credit, wealth, and insurance, some show incredible income growth.
Some of them are still in the investment stage.
The next quarter and quarter after that, we have amazing amount of traction.
After we start showing the main performance indicators of people will understand that this is not only cost effective but very measurable.
Are you happy with the advice you have received from the banker? I can tell you that India has the best in the world of ecosystems for IPO, I bet in India into the second largest technology IPO market after the Nasdaq.