On Thursday, Paytm shares made a weak debut in the secondary market, with One97 stock ending 27 percent lower for the day compared to the issue price.
The Paytm IPO was booked 1.9 times. Paytm became one of the worst Dalal Street debutants of recent times, despite being oversubscribed.
The Paytm stock fell as much as 10 percent before paring those losses in early deals.
Paytm shares slipped 10.35% to Rs 1,402 against previous close of Rs 1,564.15 on BSE. Market cap of the firm which remained above the Rs 1 lakh crore mark on the listing day, fell to Rs 93,490 crore in early trade today.