One 97 Communications Limited (Paytm) SHARE PRICE [LIVE]

About PAYTM

Today's live share price for One 97 Communications Limited (Paytm) is NSE: ₹ 559.20, BSE: ₹ 559.25 with a current market capitalization of .

One97 Communications Ltd is India's leading Mobile Value Added Service Company. The company provides value added services to telecom service providers, consumers and enterprises in India. They offer products and services to meet the needs of telecom service providers, consumers (ie mobile phone users) and enterprises. They also provide customer lifecycle management services that are aimed at increasing average revenue per user. The company provides network services to nine telecom service providers in India, one telecom service provider in Afghanistan, one in Nigeria and one in Bangladesh. The company offers a broad range of mobile content, applications and commerce services to consumers (i.e., mobile phone users). Their content and applications include music browsing, ring-tone downloads, caller ring-back tone downloads, content alerts, contests and chat and messaging applications that are delivered to consumers via voice, SMS and WAP. The company's applications can be deployed on any telecom network and accessed from most mobile handsets. They utilize interactive voice response (IVR) system or voice, Short Message Services (SMS), Unstructured Supplementary Services Data (USSD) and Wireless Application Protocol (WAP) technology to deliver their products and services. The company has three subsidiary companies namely, Oorja Mobile Services Pvt Ltd, Pay TM Mobile Solutions Pvt Ltd and One97 Communications (Nigeria) Ltd. They provide marketing services to telecom service providers through their subsidiary Oorja, which has developed an intelligent customer interaction engine that analyses data from customers of a network so as to enable a network to market to their customers via handsets based on intelligent profiling rather than on a push basis. One97 Communications Ltd was incorporated on December 22, 2000 as a private limited company with the name One97 Communications Pvt Ltd. During the year 2002-03, the company launched music messaging on mobiles. During the year 2003-04, they launched VAS on landline networks. Also, they launched voice based gaming. During the year 2004-05, the company launched interactive out-dialer services. During the next year, they launched subscription based content services. During the year 2006-07, the company launched enterprise services on the 3030 short code. During the year 2007-08, Oorja Mobile Services Pvt Ltd became the subsidiary of the company, which is engaged in the business of developing, designing, importing, exporting software products and services and developing and providing services in the field of e-commerce, web based or related technology and applications. During the year 2009-10, the company acquired shares in TenCube. Also, they expanded their international operations to Nigeria and Bangladesh. In November 16, 2009, the company set up a subsidiary company namely PayTM Mobile Solutions Pvt Ltd for providing business of m-commerce and e-commerce by enabling telecom operators and enterprise merchants to offer m-commerce and e-commerce services like mobile prepaid recharge, postpaid mobile bill payment, landline bill payment, movie ticketing, travel bookings, flower delivery, DVD rental, shopping, utility bill payment to subscribers. In the year 2010, the company launched their website www.paytmonline.com. They signed an MoU with SAIF for launch of One97 Mobility Fund, for investing in the mobile value added services sector. In May 11, 2010, the company was converted into public limited company and the name was changed to One97 Communications Ltd. In July 27, 2010, the company set up a subsidiary company, namely One97 Communications (Nigeria) Ltd for providing the value added services to mobile operators and other enterprise customers. The company intends to expand their geographic presence by leveraging their expertise and track record in offering products that address the needs of international networks and their subscribers as well as enterprises outside India. They intend to expand in South East Asia, Africa and a few pre-paid minutes dominated European markets. They plan to acquire companies to expand their presence internationally.