Shares of one 97 Communications, the parent company of India\u2019s largest digital payment platform Paytm, made its debut in stock market on Thursday. Paytm emerged as the country\u2019s 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.<\/p>\n\n\n\n
The company\u2019s 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\u2019s 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.<\/p>\n\n\n\n
As the shares of India\u2019s biggest IPO fell down by more than 20% on its opening day, investors shared some hilarious memes on Twitter. Let\u2019s have a look at them.<\/strong><\/p>\n\n\n\n