Paytm's listing debacle dents unlisted shares of smaller rival MobiKwik

Paytm's listing debacle dents unlisted shares of smaller rival MobiKwik

Signage for digital-payments provider Paytm, operated by One97 Communications Ltd., is displayed at a shop selling printer cartridges in Mumbai, India, on Friday, Jan. 27, 2017. Photographer: Dhiraj Singh/Bloomberg

Paytm’s lacklustre listing and its continued underperformance have dented investor sentiment for its smaller unlisted rival MobiKwik, said two traders who specialize in trading shares of unlisted companies.

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