Paytm buyback to benefit pre-IPO investors: Proxy Advisory Firm

“The buyback, even if SES takes the statement of the company with a pinch of salt, that only pre-IPO funds will be used, will allow all investors to cash out. IPO investors would be getting almost 25-30% of their cost whereas some pre-IPO investors would be getting more than 1,000 times their investment,” SES said in a report.

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