Global financial institutions including Goldman Sachs, Societe Generale, and Citigroup Global Markets have collectively acquired a 1.34% stake in One 97 Communications, the parent company of Paytm, for ₹963 crore through open market transactions. According to reports from Business Standard, the transaction involved multiple foreign investors including Ghisallo Capital Management, BNP Paribas, Copthall Mauritius Investment, and Hong Kong-based Viridian Asset Management. The latest data shows 12 investors participated in the block deal, with Societe Generale being the largest buyer at ₹211.46 crore for 18.86 lakh shares, followed by Ghisallo Master Fund and Viridian Asia Opportunities Master Fund each purchasing ₹143.44 crore worth of shares.
Among domestic institutional investors, Sundaram Mutual Fund, Nippon India MF, Edelweiss Mutual Fund, and India Acorn ICAV also participated in the share purchase. As reported by Business Standard, these entities collectively purchased 85.98 lakh shares on the BSE, representing the 1.34% stake in the Noida-based fintech company. The shares were acquired at an average price of ₹1,120.65 per share, bringing the total transaction value to ₹963.60 crore. Nippon Life India Trustee, through its Nippon India Growth Mid Cap Fund, already held a 1.49% stake in Paytm as of March 2026, making it one of the existing investors in the block deal.
The transaction saw significant stake divestment by existing investors. According to Business Standard, Hong Kong-based private equity firm SAIF Partners, through its affiliates SAIF III Mauritius Company Ltd and SAIF Partners India IV Ltd, offloaded a combined 80.08 lakh shares of Paytm. Additionally, Gurugram-based venture capital firm Elevation Capital (formerly SAIF Partners India) disposed of 5.89 lakh shares in the fintech company, with both transactions executed at the same price. SAIF Partners India IV held 4% stake and SAIF III Mauritius Company held 9.43% shares in Paytm parent as of March 2026.
Following the transaction, SAIF Partners' holding in One 97 Communications declined to 12.18% from 13.43%. As reported by Business Standard, this marks the second major divestment by SAIF Partners in recent months, having previously divested a 1.86% stake in Paytm for ₹1,556 crore in November 2025. The shares of One 97 Communications declined 3.51% to close at ₹1,112.50 on the BSE on Friday, reflecting market reaction to the significant stake sale.
Despite the stake sale, Paytm has demonstrated strong financial recovery. According to Business Standard, the company reported a consolidated profit of ₹183 crore in the fourth quarter ended March 2026, marking a turnaround from a loss of ₹545 crore in the same period a year ago. The consolidated revenue from operations grew by 18.4% to ₹2,264 crore during the reporting quarter from ₹1,912 crore in March 2025. For the full financial year ended March 2026, Paytm posted a consolidated profit of ₹552 crore compared to a loss of ₹663 crore in FY25, with annual revenue growing 22.2% to ₹8,437 crore from ₹6,900 crore in FY25.
