Alibaba group entity Antfin will divest a 4% stake in Indian fintech company Paytm through a barrier transaction on May 13, according to a periodic table.
Transaction, value about ₹The terms table filed by the National Stock Exchange shows that it will be managed by Goldman Sachs (India) Securities and Citigroup Global Markets India Company at 20.66 million. The quotation parity price of about 25.5 million shares has been set to ₹809.75 per person, Paytm’s parent One97 Communications Ltd closed at 6.5% ₹May 12 on 866.05 on NSE.
The issue included the full secondary sales of the stock, with Paytm not raising the main funds in the transaction, the document showed.
This is when Paytm stocks see an uptrend. April 15, Mint Reports say a 97 shares have soared ₹651 to ₹In the past four weeks, each has 840, with a return of 29%.
Paytm CEO Vijay Shekhar Sharma predicts in its latest quarterly earnings announcement that the company will turn from ongoing quarterly interim to profit after fintech records losses ₹In the quarter ended March, there were Rs 53.98 crore, driven by certain one-time allegations.
Paytm’s consolidated revenue fell by 16% from fourth quarter operations (YOY) to ₹19.115 million ₹22671 million. Its income rose in turn. Paytm earns most of its revenue from payments, finance and marketing services.
Mint In April, the overall institutional ownership of Paytm, including domestic and foreign entities, rose by about 1 percentage point in the fourth quarter of FY25 to 69%.
Domestic mutual funds brought this growth, increasing their stake by 1.9 percentage points, increasing their overall equity to 13.1%. Meanwhile, the equity participation of foreign institutions fell by 0.8 percentage points.
In early April, Paytm announced that its founder Sharma had retained stock options for 21 million employees, worth it ₹The Securities and Exchange Commission of India (SEBI) issued Rs 1.8 million crore in violation of the rules for granting share-based employee benefits.
