Paytm founder and CEO Vijay Shekhar Sharma was in tears during his address at the Bombay Stock Exchange (BSR), on the company’s debut in stock market after the company emerged as the country’s biggest IPO worth Rs 18,300 crore, breaking the record held by state-run Coal India Ltd, which raised Rs 15,000 crore over a decade ago.

In videos, Mr Sharma can be seen wiping his tears as he addressed a gathering in a hall of the BSE. Speaking at the BSE, a teary-eyed Sharma said that it was the national anthem’s words ‘Bharat Bhagya Vidhata’ that made him emotional.

On the debut day of Paytm IPO on Dalal Street, Paytm CEO thanked those who helped him to change the fate of his company.

Here’s the video when Paytm CEO Vijay Shekhar Sharma got emotional on the company’s listing day.

Earlier in the morning, the company’s stock opened for trading at Rs 1950 on the National Stock Exchange (NSE), with a discount of approx 9% from its issue price of Rs 2150. Later, the shares of the company fell to Rs 1700, making it more than 20% down. The country’s largest IPO witnessed 1.89 times more demand than the shares on offer. On the Bombay Stock Exchange (BSE), Paytm opened for trading at Rs 1955.

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Shares of one 97 Communications, the parent company of India’s largest digital payment platform Paytm, made its debut in stock market on Thursday. Paytm emerged as the country’s largest IPO worth Rs 18,300 crore, breaking the record held by state-run Coal India Ltd, which raised Rs 15,000 crore over a decade ago.

The company’s stock opened for trading at Rs 1950 on the National Stock Exchange (NSE), with a discount of approx 9% from its issue price of Rs 2150. Later, the shares of the company fell to Rs 1700, making it more than 20% down. The country’s largest IPO witnessed 1.89 times more demand than the shares on offer. On the Bombay Stock Exchange (BSE), Paytm opened for trading at Rs 1955.

As the shares of India’s biggest IPO fell down by more than 20% on its opening day, investors shared some hilarious memes on Twitter. Let’s have a look at them.

The Paytm IPO opened for subscription between November 1 and 3. The digital payment company had fixed the issue price at Rs 2150 per share.

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Hailing from Lucknow, Uttar Pradesh, the company’s CEO Vijay Shekhar Sharma is an Engineering graduate and founded Paytm in 2010, as a platform for mobile recharges. The company gained a lot during the demonetization in 2016 and was the first choice for the users for online payments.

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