The shares of Paytm parent One97 Communications got listed at ₹1,955 on the BSE and ₹1,950 on the NSE on Thursday. This is a 9% discount to its IPO price of ₹2,150. The stock was down 17% over IPO price, moments after its listing. Paytm’s ₹18,300 crore IPO, which is India’s biggest ever public issue, was subscribed 1.89 times.