Vijay Shekhar Sharma’s obsession with creating a record for Paytm IPO led to a bad Day 1


By 11 a.m., Sharma’s long-anticipated coming out party had turned into one of the worst opening days for a blockbuster tech listing since the dot-com bubble. The stock’s 27% plunge surprised even some Paytm pessimists, casting doubt on a record-breaking run for Indian equities and leaving Sharma — and his underwriters — to face tough questions about what went wrong with the $2.5 billion fundraising.
Did you miss our previous article…
https://venox-invest.info/?p=488