Hard Goenka, chairman of the RPG company, has a generous words of praise for the founder of Paytm Vijay Shekhar Sharma because the digital payment platform is conducting an initial public offering (IPO) – the largest in India – this week.
Industrialists praised Sharma because of how far he came from a humble start, thanks to his hard work and perseverance.
“For prosperous in new India, you don’t need a family background, knowledge of extraordinary English or money – you need to dream, survive and work hard. A son of a teacher, from a small town, from Hindi Middle School does the biggest IPO in Our history. Luck @Vijayshekhar, “Goenka said in Tweet on Tuesday, marking Sharma.
Sharma responded to Goenka’s compliment with a tweet. “Your master is good with praise,” he said.
Vijay Shekhar Sharma, 43, is the son of a school teacher. He has said in the past that he learned English by listening to rock music.
He was in the ranker of the youngest dollar in India four years ago at the age of 38 and now has a net worth of $ 2.4 billion, according to Forbes. He has almost 14 percent of the shares.
At the end of the second day of the offer, IPO Paytm RS 18,300 Crore subscribed to 47 percent. This is very contrasting to the IPO from other internet companies that go public this year. Common problems from giant giving zomato food, online brand beauty nykaa and company Fintech Polisbazaar all gets fully subscribed on day 1 offer.