Stake sale · Financial Services
Paytm sellers offload shares in Rs 964 crore block deal
By Startup Enthusiast ·
- Date
- Company
- Paytm
- What it does
- Digital payments and financial services platform
- Kind
- Stake sale
- Amount
- ₹963.6 crore
- Sector
- Financial Services
What they do
Paytm offers UPI payments, merchant tools, credit cards, insurance, and investment services to consumers and businesses
What happened
SAIF III Mauritius, SAIF Partners India IV, and Elevation Capital V sold Rs 964 crore worth of shares in a block deal on the stock exchange
Why it matters
Paytm posted its first full-year profit in FY26 after a loss in FY25, with Q4 revenue growing 18.4% year-on-year
The details
- SAIF Partners India IV Ltd, SAIF III Mauritius Co Ltd, and Elevation Capital V Ltd sold shares in Paytm.
- The block deal involved 85.98 lakh shares traded at Rs 1,120.65 per share.
- The total value of the transaction was Rs 964 crore ($100 Mn).
- Sellers included legacy entities of SAIF Partners, which rebranded in 2020.
- Elevation Capital held approximately 13% stake before the deal via SAIF entities.
- Buyers included Societe Generale, Ghisallo Master Fund LP, and Viridian Asia Opportunities Master Fund.
- Other buyers were Nippon India Mutual Fund, BNP Paribas Arbitrage, and Goldman Sachs Bank Europe SE.
- Paytm's stock closed at Rs 1,112.50 on May 22, down 3.7% from the previous session.
The bigger picture
- Paytm reported a net profit of Rs 552 crore for FY26, ending a loss period.
- The stock has risen 34.5% in the past year and fallen 11% in the past six months.
- Q4 FY26 revenue grew 18.4% year-on-year to Rs 2,264 crore.
- Shares rose 34.5% over the past year but fell 11% in the last six months.
About the business
- Paytm provides UPI payments, mobile recharge, and bill payment services for utilities and transit.
- The platform sells credit cards through partnerships with HDFC, SBI, and Axis banks.
- Paytm operates an insurance marketplace and offers flight booking services to users.
- Paytm Money provides margin trading facilities with 4X buying power at 7.99% p.a. interest.
- Merchants use Paytm QR codes, Soundbox devices, and card machines for transactions.
- Bill payments cover electricity, FASTag, DTH, insurance, metro, and toll fees.
- The company generated Rs 8,437 crore in operational revenue for the full fiscal year 2026.
- Q4 FY26 profit stood at Rs 183 crore, contributing to the annual net profit.
- Stock performance showed volatility with a recent closing price of Rs 1,114.30 on May 23.
The deal
- Type
- block deal
Investors
- SAIF Partners India IV Ltd (seller) — Legacy entity of SAIF Partners, renamed in 2020.
- SAIF III Mauritius Co Ltd (seller) — Legacy entity of SAIF Partners holding ~9.3% stake.
- Elevation Capital V Ltd (seller) — Sold 5.89 lakh shares as part of the exit.
- Societe Generale (buyer) — Acquired 18.86 lakh shares in the block deal.
- Ghisallo Master Fund LP (buyer) — Acquired 12.8 lakh shares in the transaction.
- Viridian Asia Opportunities Master Fund (buyer) — Acquired 12.8 lakh shares in the transaction.
- Nippon India Mutual Fund (buyer) — Acquired 11.11 lakh shares in the deal.
Founders
- Vijay Shekhar Sharma, Founder
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