<p>Digital payments firm Paytm's shares tumbled over 13% as a lock-in period for the company's institutional investors ended on Wednesday, piling more pressure after a dismal debut last month.</p>.<p>Paytm shares crashed more than 27% in India's largest public offering last month. Since the listing on Nov. 22, the stock has logged losses for 13 of the 18 sessions.</p>.<p>Early on Wednesday, the stock was trading at Rs 1,269, compared to the offer price of Rs 2,150.</p>.<p>Paytm, which counts SoftBank and Ant Group among its backers, raised $2.5 billion in its IPO, of which $1.1 billion was from institutional investors.</p>.<p><strong>Watch latest videos by DH here:</strong></p>
<p>Digital payments firm Paytm's shares tumbled over 13% as a lock-in period for the company's institutional investors ended on Wednesday, piling more pressure after a dismal debut last month.</p>.<p>Paytm shares crashed more than 27% in India's largest public offering last month. Since the listing on Nov. 22, the stock has logged losses for 13 of the 18 sessions.</p>.<p>Early on Wednesday, the stock was trading at Rs 1,269, compared to the offer price of Rs 2,150.</p>.<p>Paytm, which counts SoftBank and Ant Group among its backers, raised $2.5 billion in its IPO, of which $1.1 billion was from institutional investors.</p>.<p><strong>Watch latest videos by DH here:</strong></p>