Technology
Paytm to rank among India’s 50 most-valued listed firms with its ₹18,300-crore IPO
Paytm IPO: One97 Communications, Paytm’s parent company, will conduct an initial public offering (IPO) on November 8. The proposed 18,300 crore IPO will make it one of the 50 most valuable companies in India.
The Paytm IPO is India’s largest IPO to date, surpassing the public offering of Rs 15,745 crore raised by Coal India in October 2010. Please note that according to a report by Redseer Management Consulting, Paytm is currently India’s leading digital ecosystem for consumers and merchants.
As of June 30, 2021, it has over 337 million registered consumers and over 21.18 million Register a business. Within the range of Rs 2,150 per share, Paytm’s post-investment valuation will reach Rs 1,3937.884 crore, which will make it ranked 36th in the market capitalization of listed companies.
Paytm’s market value will exceed some established companies, such as Hindustan Zinc Corporation, NTPC, Divi’s Laboratories, Grid Corporation, Indian Petroleum Corporation (IOC), Vedanta, Pidilite Industries, SBI Life Insurance, Grasim Industries, Bajaj Auto, L&T Infotech, Mahindra & Mahindra (M&M), Hindalco Industries, Coal India, Zomato, SBI Cards and DLF Ltd.
News Source : ETnownews.com
.jpg "Surfaces of the Motorola Edge 50 Ultra with Snapdragon 8S Gen 3")
Early this week, renders of the Edge 50 Fusion appeared, and Motorola has previously stated that the Edge 50 Pro will ship on April 3. The highest-end smartphone in the Edge 50 series, the Edge 50 Ultra, has now been shown in renders.
The phone is depicted in the renderings in peach fuzz and black with a vegan leather finish, while sisal, a beige color, will have a brushed surface. As opposed to the Snapdragon 7 Gen 3 in the Pro variant and the Snapdragon 6 Gen 1 in the Edge 50 Fusion, the phone is reportedly powered by the Snapdragon 8s Gen 3 SoC.
A 50MP primary camera, an ultra-wide camera, and a periscope telephoto camera with a 5x optical zoom are all included in the Motorola Edge 50 Ultra’s feature set. Additionally, there is a triple LED flash on the right side and a laser autofocus feature above the periscope lens.
Although the phone’s display, battery, and charging specifications are yet unknown, the Edge 50 Pro is said to include 12GB of RAM and support both 50W and 125W wired and wireless charging.
It is anticipated that this will launch as the Motorola X50 Ultra in China. It is unclear if the India launch may be expected on the same day as the rest of the Edge 50 series phones, even if this is scheduled to go official on April 3.
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