Paytm investors have been waiting for one question to be answered: when will the stock finally reclaim its IPO price? Shares of Paytm-parent One 97 Communications are currently 20% below the issue price of Rs 2,150, the level at which the offer was launched back in 2021.
The stock, however, has come a long way from its lows. Paytm shares have recovered more than 480% from their lifetime low of Rs 310 over the past two years, even as they remain below their IPO price.
