Shares of One 97 Communications, the parent company of Paytm, reclaimed their November 2021 listing price for the first time in nearly five years on Friday, after its subsidiary received in-principle approval from the Reserve Bank of India (RBI) to offer prepaid payment instruments, including digital wallets.
Paytm shares climbed to an intraday high of Rs 1,960, surpassing their listing price of Rs 1,950 on November 18, 2021. The stock also crossed its listing-day intraday high of Rs 1,955. However, it pared most of its gains to close at Rs 1,934, up 0.5 percent, slipping back below the historic listing level.
The stock has rallied 49.7 percent so far in 2026, significantly outperforming the benchmark Nifty 50, which has declined 3.9 percent during the same period. Paytm's market capitalisation stood at approximately Rs 1.24 lakh crore.
Paytm shares revisit IPO listing levels after five years
Paytm made its stock market debut on November 18, 2021, at Rs 1,950 per share, a discount of approximately 9.3 percent to its IPO issue price of Rs 2,150. The stock touched an intraday high of Rs 1,955 on its listing day but subsequently declined, remaining below its debut price until Friday.