News Post

Paytm’s FDI down by 2% in Q1 FY25; retail investors and MFs increase stake

EntrackrEntrackr · 3m
Paytm’s FDI down by 2% in Q1 FY25; retail investors and MFs increase stake

One 97 Communication Limited, the parent company of Paytm, has updated its shareholding pattern for Q1 FY25 with the stock exchange on Friday. The revised shareholding indicates a rise in the stocks held by retail investors and mutual funds, according to data sourced from the firm’s Bombay Stock Exchange (BSE) filing. According to the filings, the retail investors’ shareholding grew by 1.3% to 16.56% from 15.32% whereas the mutual funds have increased their bets on Paytm’s shares by 0.65% to 6.80% in Q1 FY25. The investment led by Mirae and Nippon helped Paytm to increase domestic institutional investors’ stake by 0.29% to 7.15% during the first quarter of the ongoing fiscal year (Q1 FY25). Paytm also saw a 2% decrease in its total foreign direct investment (FDI) to 37.77% in Q1FY25, filing shows. The considerable decrease in FDI was due to the major exit of SoftBank (SVF India Holdings) which currently commands less than 1% in Paytm. Foreign Portfolio Investors (FPIs) currently command 20.47% stake in Paytm with a marginal decline by 0.16% sequentially. As per the board meeting disclosure, Paytm’s parent will publish its Q1 results on July 19. The public firm is expecting a revenue of Rs 1500-1600 crore with EBITDA before ESOPs of negative Rs 500-600 crores.

Comments

Download the medial app to read full posts, comements and news.