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

EntrackrEntrackr · 4m 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.

SBI Mutual Fund buys additional 4% stake in Urban Company for Rs 632 Cr

EntrackrEntrackr · 14d ago
SBI Mutual Fund buys additional 4% stake in Urban Company for Rs 632 Cr
Medial

SBI Mutual Fund buys additional 4% stake in Urban Company for Rs 632 Cr SBI Mutual Fund picked up an additional 4% stake in Urban Company through bulk and block deals on Tuesday worth Rs 632 crore across the NSE and BSE, which led the company’s shares to soar over 16%. According to bulk and block deal data, SBI Mutual Fund purchased 3.51 crore shares at Rs 109.85 apiece on the NSE and 2.25 crore shares at Rs 109.83 per share on the BSE, which together amounted to around Rs 632 crore. On the selling side, Wellington Hadley Harbor AIV Master Investors, DF International Partners, and ABG Capital offloaded a combined 4.6% stake worth Rs 734 crore, with ABG Capital selling 1.74 crore shares for Rs 191.2 crore, DF International Partners exiting via sale of 1.77 crore shares worth Rs 193.9 crore, and Wellington Hadley Harbor AIV Master Investors (Cayman) III divesting a 2.2% stake through multiple transactions worth Rs 349.2 crore. SBI Mutual Fund held a 1.89% stake in Urban Company as of December 2025, which rose to around 5.9% after the bulk purchases. In Q3 FY26, Urban Company reported a consolidated net loss of Rs 21 crore and an adjusted EBITDA loss of Rs 17 crore, largely due to heavy investment in its InstaHelp vertical, which crossed 50,000 daily bookings within a year of its pilot launch in March 2025. Urban Company’s share is trading at Rs 127.7 per share as of 2:22 PM (today), with a market capitalization of Rs 18,657 crore (around $2 billion).

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

EntrackrEntrackr · 4m 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.

Peak XV, others divest stake worth Rs 1,600 Cr in MamaEarth’s parent

EntrackrEntrackr · 1y ago
Peak XV, others divest stake worth Rs 1,600 Cr in MamaEarth’s parent
Medial

Peak XV (formerly Sequoia Capital), along with Stellaris Ventures, Sofina Ventures, and Fireside Ventures, collectively sold shares worth Rs 1,600 crore ($190 million) in Honasa Consumer Limited, the parent company of the direct to consumer (D2C) skincare and beauty brand MamaEarth. The aforementioned investors sold 3.24 crore shares of MamaEarth at an average price of Rs 495.48 per share, according to the company’s bulk deal data accessed from the National Stock Exchange. Peak XV and its former entity Sequoia Capital Global Growth Fund III divested around Rs 753 crore ($90 million) worth of shares, while Sofina Ventures, Stellaris Ventures, and Fireside Ventures sold shares worth Rs 298 crore, Rs 225 crore, and Rs 326 crore, respectively, during the bulk deal. Importantly, ICICI Prudential Life and Morgan Stanley collectively purchased Rs 262 crore worth of shares in MamaEarth. According to Entrackr’s estimates, MamaEarth sold 10% of its shares in this single bulk deal. The firm’s total outstanding shares stood at 32.42 crore as of June 30, 2024. The sale of shares came at a time when the Gurugram-based firm reached its all-time high share price of Rs 547 on Tuesday this week. As per NSE data, MamaEarth’s overall market capitalization stood at Rs 16,046 crore ($1.91 billion) as of September 12. In the first quarter of the current fiscal year, the company reported a 17.6% quarter-on-quarter increase in revenue, reaching Rs 554 crore, up from Rs 471 crore in Q4 FY24. This marked the firm’s most profitable quarter, with Rs 40 crore in profit after tax (PAT). Peak XV’s recent exit portfolio includes companies like Blinkit, Zomato, Freshworks, Awfis, Ixigo, Go Fashion, MamaEarth, and others.

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