Three early investors in One97 Communications, the parent company of Paytm, successfully executed a significant block deal worth ₹2,038 crore through screen-based transactions on August 4. The transaction involved early investors Saif Partners and Elevation Capital jointly selling 1.49 crore equity shares, representing approximately 2.33% of Paytm's outstanding equity through a 100% secondary share sale. The shares were offered at a floor price of ₹1,339.65 per share, representing a 5% discount to Monday's closing price of ₹1,411.1, with the shares changing hands at an average price of ₹1,367.80 per share. Morgan Stanley India Company Pvt Ltd acted as the placement agent for the transaction, with the books opening on August 3 and closing around 7 am IST on August 4. As per The Hindu BusinessLine, the deal involved 1,49,00,000 shares representing a 2.33% stake of One 97 Communications.
According to The Hindu BusinessLine, SAIF Partners offloaded 1,38,79,743 shares or 2.17% stake through its two affiliates SAIF III Mauritius Company Ltd and SAIF Partners India IV Ltd. Elevation Capital V Ltd sold 10,20,257 shares representing 0.16% stake in the full stack financial services company. Before the transaction, Saif Partners India IV held approximately 3.63% of Paytm, while Saif III Mauritius owned around 8.55%. Elevation Capital, formerly known as SAIF Partners, owns SAIF III Mauritius Company and SAIF Partners India IV, which held these significant stakes in the company. The term sheet indicates that vendors, their agents and nominees will be under a 60-day lock-up after the transaction, preventing further stake sales during this period subject to customary exceptions. In November 2025, SAIF Partners had divested a 1.86% stake for ₹1,556 crore through open market transactions, as reported by The Hindu BusinessLine.
According to CNBC-TV18, Paytm reported robust financial results for Q1 FY2026-27, demonstrating strong operational momentum. The company achieved an 8.1% sequential increase in consolidated revenue to ₹2,448 crore, compared to ₹2,264 crore in the previous quarter. Net profit surged 79% year-on-year to ₹220 crore from ₹123 crore in the previous year, while EBITDA increased by 54% to ₹203 crore compared to ₹132 crore in the previous quarter. The EBITDA margin expanded significantly to 8.3% from 5.8% in the quarter prior, marking the company's fifth consecutive quarterly profit. Revenue from operations increased 28% year-on-year to ₹2,448 crore during the April-June quarter, up from ₹1,918 crore a year ago, with sequential growth of 8% from the March quarter.
As reported by The Hindu BusinessLine, the largest buyer was the National Pension System (NPS) Trust, which acquired 30.2 lakh shares worth ₹413.07 crore. Axis Mutual Fund followed with the purchase of 27 lakh shares valued at ₹369.3 crore. Other prominent institutional buyers included ICICI Prudential Life Insurance, which bought 15.1 lakh shares worth ₹206.5 crore, and Societe Generale, which purchased 10.9 lakh shares for ₹148.5 crore. Paytm shares ended the trading session 0.71% lower at ₹1,400 on the National Stock Exchange amid heavy trading volumes, with the stock gaining 15.8% in the past month and 9.2% this year so far. According to The Hindu BusinessLine, domestic institutional investors including Sundaram Mutual Fund, Mahindra Manulife MF, Kotak Mahindra MF, Franklin Templeton MF, and Goldman Sachs Bank were among other entities that purchased shares of the company.
