Speculative bet or prudent investment: Why initial reviews are negative on Paytm IPO? - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Speculative bet or prudent investment: Why initial reviews are negative on Paytm IPO?

At the current prices, it is aiming at a valuation of $19.5-20 billion, in-line with anchor investor demand but nearly two-thirds of what the grey market was valuing the firm a month back.

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