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Elevation trims Paytm stake via Rs 1,556 Cr bulk deal

EntrackrEntrackr · 2m ago
Elevation trims Paytm stake via Rs 1,556 Cr bulk deal
Medial

Elevation trims Paytm stake via Rs 1,556 Cr bulk deal Paytm’s parent One97 Communications witnessed a significant shareholder shift this week as Elevation Capital (formerly SAIF Partners) offloaded a 1.86% stake in the fintech major through a bulk deal worth Rs 1,556 crore. According to data available on the National Stock Exchange, Elevation Capital and an affiliated entity together sold 1.19 crore equity shares at an average price of Rs 1,305 per share. The share sale trims Elevation’s ownership in One97 from 15.33% to nearly 13.47%, as per regulatory disclosures. While the investment firm has been one of Paytm’s earliest and most influential backers, this transaction does not mark a full exit. This comes months after Ant Group, the financial services arm of Alibaba, divested around 4% in One97 Communications for Rs 2,103 crore (about $246 million). Simultaneously, domestic institutional investors have shown growing interest. Motilal Oswal has increased its stake to 5.15% in the Noida-based fintech player. Paytm’s regulatory environment has also seen movement this year. In August, its subsidiary Paytm Payments Services Ltd (PPSL) secured in-principle approval from the Reserve Bank of India to operate as an online payment aggregator under the Payment and Settlement Systems Act, 2007. On the financial front, One97 reported a 24% year-on-year growth in revenue to Rs 2,061 crore during Q2 FY26, alongside a profit of Rs 21 crore in the same period. Elevation Capital’s partial offload highlights a broader shift in the venture ecosystem, where early-stage funds are increasingly monetizing legacy positions in unicorns. For Elevation, the move may free up capital for fresh bets across deeptech, fintech, and B2B categories, areas where the firm has been actively deploying in recent years.

BNP Paribas & Integrated Core Strategies offload Paytm shares worth Rs 1,741 Cr

EntrackrEntrackr · 2m ago
BNP Paribas & Integrated Core Strategies offload Paytm shares worth Rs 1,741 Cr
Medial

URL: https://entrackr.com/snippets/bnp-paribas-integrated-core-strategies-offload-paytm-shares-worth-rs-1741-cr-10808969 Content: BNP Paribas & Integrated Core Strategies offload Paytm shares worth Rs 1,741 Cr. Paytm witnessed two major bulk deals on Monday as global investors BNP Paribas Financial Markets and Integrated Core Strategies (Asia) Pte Ltd sold sizable stakes in the fintech major, together offloading shares worth Rs 1,741 crore on the exchanges. According to data available on the National Stock Exchange, BNP Paribas Financial Markets sold 1 crore shares of Paytm at an average price of Rs 1,260, amounting to a transaction value of Rs 1,331 crore. Alongside this, Integrated Core Strategies (Asia) Pte Ltd sold 32.55 lakh shares at Rs 1,259.85 per share, aggregating to Rs 410 crore from the trade. This comes five days after Elevation Capital (formerly SAIF Partners) offloaded a 1.86% stake in the fintech major through a bulk deal worth Rs 1,556 crore. On the financial front, One97 reported a 24% year-on-year growth in revenue to Rs 2,061 crore during Q2 FY26, alongside a profit of Rs 21 crore in the same period. At the end of today’s session, Paytm’s last trading price stood at Rs 1,257 with the total market capitalization of Rs 80,380 crore or $9 billion.

Paytm posts Rs 2,194 Cr revenue and Rs 225 Cr profit in Q3 FY26

EntrackrEntrackr · 11d ago
Paytm posts Rs 2,194 Cr revenue and Rs 225 Cr profit in Q3 FY26
Medial

Fintech firm Paytm announced its financial results for the third quarter of the ongoing fiscal year (Q3 FY26) on Thursday. The Noida-based company reported a revenue of Rs 2,194 crore and a net profit of Rs 225 crore for the period. According to Paytm’s unaudited quarterly report filed with the National Stock Exchange, its revenue from operations increased by 20% year-on-year from Rs 1,828 crore in Q3 FY25. The company also added Rs 212 crore from other non-operating sources, bringing its overall revenue to Rs 2,406 crore in Q3 FY26. For the nine-months period, Paytm’s revenue rose 24% to Rs 6,173 crore from Rs 4,989 crore, a year earlier. For the Noida-based firm, its employee benefits remained the largest cost center, accounting for 33% of the overall cost, which decreased by 5% to Rs 721 crore in Q3 FY26. Its payment processing charges increased by 17.5% to Rs 671 crore, and marketing expenses increased by 3.5% to Rs 146 crore in Q3 FY26. Software, communication, legal, cashback, and other overheads took the total expenditure to Rs 2,175 crore in Q3 FY26, as compared to Rs 2,220 crore in Q3 FY25. Paytm recorded a net profit of Rs 225 crore in Q3 FY26, in contrast to a loss of Rs 208 crore in Q3 FY25. On a sequential basis, the company’s profit increased by more than 10X from Rs 21 crore in Q2 FY26. Last quarter was eventful for the company as it received authorisation from the RBI to operate as a payment aggregator for physical or offline payments and cross border transactions. The company also granted ESOPs worth Rs 16.6 crore and Rs 60 crore under its ESOP Scheme 2019. Paytm also witnessed a significant shareholder shift as Elevation Capital (formerly SAIF Partners) offloaded a 1.86% stake in the fintech major through a bulk deal worth Rs 1,556 crore. Five days later, BNP Paribas sold 1 crore shares of Paytm worth Rs 1,331 crore. Alongside this, Integrated Core Strategies sold 32.55 lakh shares worth Rs 410 crore. As of January 29, Paytm’s share price stood at Rs 1,172 with the total market capitalization standing at Rs 74,963 crore ($8 billion).

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