One97 Communications Limited

One97 Communications Limited IPO Review, Allotment Status, Subscription, Price, Date & More.

One97 Communications Ltd. is India's leading mobile-internet company. Driven by great consumer experience, it offers digital goods & services to mobile consumers under Paytm brand. One97 also provides mobile mobile advertising, marketing and payments for merchants.

One97 is backed by marquee investors SAIF Partners, Intel Capital, SAP Ventures and Silicon Valley Bank and has offices in India, Middle East and Africa.

Paytm, One97's flagship brand, is India's largest digital goods and mobile commerce platform - inspired and driven by a commitment to great consumer experience. Paytm is also a leading payment solutions provider to e-commerce merchants using its RBI approved semi-closed wallet.

One97 delivers mobile content and commerce services to millions of mobile consumers through India’s most widely deployed telecom applications cloud platform.

Headquartered in New Delhi, One97 is more than 4,500 people strong with regional offices in Mumbai, Bengaluru, Pune, Chennai and Kolkata with global presence in Africa, Europe, Middle East and Southeast Asia. We are backed by marquee investors like Alibaba Group, Ant Financial (Alipay), SAIF Partners, MediaTek, Sapphire Venture and Silicon Valley Bank.

One97 also invests in early stage mobile companies through the One97 Mobility Fund (OMF).

Promoters and Management of One97 Communications Limited

-        Mr. Joseph Chung Tsai- Director- Age 54 Qualification: B.A. (Economics), East Asian Studies (Yale College), Juris Doctor Degree (Yale Law School).

-        Mr. Ravi Adusumalli - Director- Age 42. Qualification: Graduate from Cornell University with B.A. in Economics and Government.

-        Ms. Pallavi Shardul Shroff- Director- Age 62 Qualification: B.A., Economics Hons. (1976) Lady Shri Ram College, Delhi University; M.M.S. (1978) Jamnalal Bajaj Institute of Management Studies, Bombay University; LLB (1981) Govt. Law College, Bombay University.

-        Mr. Kabir Misra- Director- Age 49 Qualification: AB in Economics from Harvard University and an MBA from Stanford University.

-        Vijay Shekhar- CEO- Age 40 Qualification: B.Tech from Delhi College Of Engineering

The reason for loss or inadequate profits:

The Company has incurred huge capital expenditure in creating a brand and establishing its business activity. They have incurred a considerable amount in various capital & operational expenditures which resulted in losses during the financial year.

Steps to be taken or proposed to be taken for improvement:

The Company is focusing on strengthening its position in various business segments like Payments Bank, Insurance and Insurance Broking, travel ticketing, hotel, mobile wallet services etc. and that would result into a better turnover in coming fiscal years.

They have created “Paytm” as a popular brand and platform which provides ease of online marketplace, mobile wallets, recharges and Payment Gateways Aggregator services, Payments Banking Services etc.

Products & Services of One97 Communications Limited

-        Top-Ups

-        Tickets/Hotel Booking

-        Superstar Talks/Deals

-        Music/Videos/Games

-        Other Mobile Content

Awards & Achievement of One97 Communications Limited

-        Vijay Shekhar Sharma wins at Entrepreneur India Awards 2017.

-        Vijay Shekhar Sharma named to the 2017 Time 100 List of Most Influential People in the World.

-        Paytm wins Best Digital Wallet award at the 11th IAMAI India Digital Summit.

-        Paytm wins Best Consumer Mobile Service award at the 11th IAMAI India Digital Summit.

-        Vijay Shekhar Sharma recognized among the 50 Most Influential Young Indians by GQ.

Strength of One97 Communications Limited

The company is primarily focusing on strengthening its position in various business segments like Payments Bank, Insurance and Insurance Broking, travel ticketing, hotel, mobile wallet services, etc. and that would result in better turnover in the coming fiscal years.

“Paytm” is a most popular brand and platform which provides ease of online marketplace, mobile wallets, recharges and Payment Gateways Aggregator services, Payments Banking Services, etc.
The business and consumer confidence are expected to improve in the coming years, geared with a streamlined organizational design, the company intends to grow its businesses. Various policy decisions such as initiatives for productivity and profitability, increased investments in technology, customer engagements, loyalty programs and improving the is expected to boost profitability and productivity.

Financial Review:

-        Total assets of the firm increased by 1.4% and liabilities by 169.9%

-        Total Equity decreased by 20.32% and income increased by 5%

-        Total expenses increased by 54.4% and net loss increased by 169%.

-        Cash flow from operating activities decreased by 68.6% and cash flow from investment activities increased by 140%.

-        Cash flow from financing activities decreased by 66.1% and cash & cash equivalents by 7.3%.

Other relevant information of One97 Communications Limited

Reason for loss or inadequate profits: The Company has incurred huge capital expenditure in creating a brand and establishing its business activity. One 97 have invested a considerable amount in various capital & operational expenditures which resulted in losses during the financial year.

The Company is focusing on strengthening its position in various business segments like Payments Bank, Insurance and Insurance Broking, travel ticketing, hotel, mobile wallet services, etc. and that would result in better turnover in the coming fiscal years. Paytm committed to grow this business further and turn it into a profitable business in the years ahead.

The business and consumer confidence is expected to improve in the coming years, geared with a streamlined organizational design, the company intends to grow its businesses. The improvement in consumer sentiment and increased consumer spending through online platforms will enable the growth momentum to pick up. The management continues to be cautiously optimistic towards the external economic environment and expects consumer demand to become more consistent and robust in the ensuing financial years.

Further, various policy decisions taken would act as a growth channel for the Company which would contribute to increased revenues and higher margins. Further, a number of initiatives for productivity and profitability, increased investments in technology, customer engagements, loyalty programs and improving the customer experience, have shown encouraging results.

Planify view over One97 Communications Limited

-        Company’s fundamental is very good as per the financial Statement although the company is not making a decent profit, but its expansion plan and growth is outstanding.

-        Although we at Planify feel that the company is much more overpriced at the current market price.

-        One 97 is in the expansion phase and financing a lot of new Business therefore its profit margin Got Impacted Slightly and company Decided not to pay any Dividend to its Shareholders.

-        After analysing every aspect of the company from financial to company’s vision we Planify strongly recommend buy in this share and Give it a rating of 3.5 out of 5.