bengaluru nov 22 reuters  digital payments firm paytm paytns fell 92 on monday sliding for a second session after a dismal debut for indias largest public offering last week in which its shares tumbled more than 27 the stock was being traded for 1417 rupees compared to the offer price of 2150 rupees the companys debut rout on nov 18 raised doubts around impending initial public offerings ipos on the red hot indian market including those of its smaller rival mobikwik and hotel aggregator oyo as valuations come under investor scrutiny read more paytm which counts softbank 9984t and ant group among its backers raised 25 billion in its ipo of which 11 billion was from institutional investors engineering graduate vijay shekhar sharma founded paytm in 2010 as a platform for mobile recharges it grew quickly after ridehailing firm uber ubern made paytm a quick payment option in india its use swelled further in late 2016 when new delhis shock ban on highvalue currency notes boosted digital payments sharma who cried with joy at the opening ceremony on thursday later told reuters he was unperturbed by the slide and did not regret listing in india separately on sunday paytm said gross merchandise value processed via its platform in october was about 112 billion up 131 from a year earlier reporting by chandini monnappa in bengaluru editing by arun koyyur