Goldman Sachs, SocGen, Citi pick up 1.34% Paytm stake for ₹963 cr as early backers exit
Foreign banks and domestic MFs bought 85.98 lakh shares of One97 Communications at ₹1,120.65 apiece via block deals, while SAIF Partners pared its holding to 12.18% and Elevation Capital trimmed exposure. The churn follows Paytm's FY26 turnaround: ₹183 cr Q4 profit and revenue up 22.2% to ₹8,437 cr.
Goldman Sachs, SocGen, Citi and domestic MFs bought a 1.34% stake in Paytm parent One97 Communications for ₹963 crore via block deals, as SAIF Partners and Elevation Capital trimmed holdings post Paytm's FY26 profit turnaround.
Why this matters
Block deal follows Paytm's FY26 turnaround to profitability and rotates the cap table from early VC backers like SAIF and Elevation toward global banks, signalling institutional re-rating after the Q4 profit.
Retail-company signals steady at 1,015 over the last 90 days.