Paytm Share Price Prediction: After Warren’s Berkshire Hathaway Exit (2.46 % Stake Sold)

Introduction & Overview

In this article, we will attempt to find out the Paytm Share Price Prediction after the recent sale of the 2.46% stake by the company Berkshire, which is a subsidiary of Warren Buffet’s company Berkshire Hathaway. Although determining the estimated share price of any company requires considering several crucial factors, you will need to take the following facts into account to know the Paytm Share Price Prediction.

paytm share price prediction
paytm share price prediction

Warren’s Berkshire Hathaway Exit From Paytm in 2023

Warren Buffett’s Company, Berkshire Hathaway, has recently sold its 2.46% Stake in the original company of Paytm, i.e., One97. Berkshire Hathaway sold this 2.46% stake for a total of INR 1371 Crores. It should be noted that Berkshire Hathaway initially held a total of 1.56 Crores shares of Paytm, constituting 2.46% of the company’s total ownership.

When did Berkshire Hathaway Invest in Paytm (One97)

Berkshire Hathaway’s investment in Paytm dates back to the year 2018 when they acquired a 2.60% stake in the original company, Van97, at a total value of INR 2200 crores. This stake was sold in the year 2023. The sale resulted in a loss of rupee 620 crores for Berkshire Hathaway.

Paytm Share Price Prediction: Value of Shares Sold

According to the National Stock Exchange (NSE), The sale price per share, was INR 877.29 for Van97. 1.56 crores shares sold, the total value of the sold stock was around INR 1371 crores.

Which Company Bought The Maximum Shares

As for the buyer, Kopthall Mauritius Investment and Ghisallo Fund Company purchased a 1.86% stake in Paytm (One97) for approximately INR 1039.52 crores.

Paytm Share Price Prediction : Above Summary at a Glance

Question Answer
Warren Buffet’s stake sold by Barkshire Hathaway 2.46 %
Total number of shares 1.56 Crore
Value of shares sold 877.29 Rupee Per share
When did Company invested? 2018
What percentage of shares were purchased in 2018 2.60 %
Total value of shares purchased in 2018 2200 Crore
Berkshire Hathaway Company’s loss 620 Crore
One97 i.e. current share price of Paytm 895 Rupee*

 

Paytm History : Inspiring Story of Vijay Shankar Sharma Who owned Paytm (One97)

Paytm History
Paytm History

At the age of 27, Vijay Shekhar Sharma was earning 10,000 rupees per month. Getting married was becoming difficult for him due to this salary. Sharma founded Paytm, whose IPO was valued at 2.5 billion dollars.
Vijay Shekhar Sharma is an engineer, and in 2004, he sold mobile content through his small company. He mentioned that when girls found out that his income was 10,000 rupees per month, they would decline proposals.

He said, Girls were not willing to marry me with knowing the facts that i am earning only 10,000 rupees per month, I became an ineligible bachelor in my family’s eyes.”

A 2.5 billion dollar company

Paytm, raised approximately 2.5 billion dollars through an IPO, which is around 1.34 lakh crore rupees. This fintech company has now become one of India’s most famous companies and serves as an inspiration for new entrepreneurs.
Discover the journey’s challenges Vijay Shekhar Sharma was born in the Aligarh district of Uttar Pradesh.

Father, a teacher of school, and mother was a homemaker. Vijay Shekhar’s early education took place in a Hindi-medium school in the small town of Harduaganj in Aligarh. After that, he obtained an engineering degree from the Delhi College of Engineering. From a small village in Aligarh, Vijay Shekhar Sharma’s name is now listed among the billionaires of the world.

In conclusion

If We Talk about the Paytm Share Price Prediction then I would say, Predicting the exact impact of such transactions on a company’s stock in the stock market is challenging. Positive efforts by a company, may lead to benefits. However, the future impact of this recent sale remains to be seen. It is crucial to keep a close eye on market trends for accurate estimation.

FAQ
What is Origional Name of Paytm Company?

Answer: One97.

Who is Warren buffet?

Answer: Most Successful Investor in Stock Market in 20th Century.

Networth of Warren?

Approximately $124 Billion.

 

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