Global financial institutions, including Goldman Sachs, Societe Generale, and Citigroup Global Markets, have collectively acquired a 1.34 percent stake in One 97 Communications, the parent company of Paytm, from SAIF Partners and Elevation Capital for ₹963 crore via open market transactions.
Additional foreign investors involved in the transaction include Ghisallo Capital Management, BNP Paribas, Copthall Mauritius Investment, and Hong Kong-based Viridian Asset Management. Among domestic institutional investors, shares were purchased by Sundaram Mutual Fund, Nippon India Mutual Fund, Edelweiss Mutual Fund, and India Acorn ICAV, as reported by block deal data executed on the Bombay Stock Exchange (BSE) on Friday.
These parties acquired 85.98 lakh shares of the Noida-based fintech firm, which translates to a 1.34 percent stake. The shares were purchased at an average price of ₹1,120.65 each, resulting in a total transaction value of ₹963.60 crore.
In this deal, Hong Kong-based private equity firm SAIF Partners, through its affiliates—SAIF III Mauritius Company Ltd and SAIF Partners India IV Ltd—sold a combined total of 80.08 lakh shares of Paytm. Concurrently, Gurugram-based venture capital firm Elevation Capital offloaded 5.89 lakh shares of the fintech company, also at the same price as per BSE data.
As a result of this transaction, SAIF Partners’ stake in One97 Communications decreased to 12.18 percent from 13.43 percent. Following the deal, shares of One97 Communications fell nearly 4 percent to close at ₹1,112.50 per share on the BSE.
In November 2025, SAIF Partners had previously divested a 1.86 percent stake in Paytm for ₹1,556 crore. Earlier this month, Paytm reported a consolidated profit of ₹183 crore for the fourth quarter ending March 2026, marking a turnaround from a loss of ₹545 crore in the same period a year prior. Additionally, consolidated revenue from operations grew 18.4 percent year-over-year to ₹2,264 crore, compared to ₹1,912 crore in the March 2025 quarter.
For the financial year ending March 2026, Paytm reported a consolidated profit of ₹552 crore, a significant improvement over the loss of ₹663 crore recorded in FY25. Furthermore, the annual revenue from operations increased by 22.2 percent to ₹8,437 crore in FY26, up from ₹6,900 crore in FY25.
Published on May 23, 2026.
