INSUBCONTINENT EXCLUSIVE:
largest-ever IPO last November only to see its shares plummet in one of the worst debuts ever
The company has had to spend heavily to boost revenues since then, piling up losses just as investors have grown increasingly skittish about
wealth manager KRChoksey Holdings
price of 2,150 rupees a share
and a spokesman for SoftBank declined to comment
A representative for Paytm confirmed the expiration day Nov
15.
Stocks often fall after lock-ups expire, as investor selling puts downward pressure on shares
Adukia, Rahul Jain and Harshita Wadher of Goldman Sachs Group Inc
revenue and moving toward profitability
Food-delivery company Zomato Ltd
and Nykaa, formally called FSN E-Commerce Ventures, both went public last year and have seen their shares trounced when freed up for market
Nykaa shares dropped as much as 9.4% on Tuesday.
