SAIF, Elevation Capital Entities Offload Shares in Fintech Major
Fintech company Paytm witnessed block deals worth nearly ₹964 crore (around $100 million) on Friday, as entities affiliated with Elevation Capital and legacy SAIF Partners funds sold portions of their holdings.
According to BSE data, around 85.98 lakh shares changed hands at ₹1,120.65 apiece, taking the total transaction value to approximately ₹963.6 crore.
Institutional Investors Participate in Large Transactions
Among the sellers, SAIF III Mauritius Company Limited offloaded 56.22 lakh shares, while SAIF Partners India IV Limited sold 23.86 lakh shares. Elevation Capital V Limited also divested 5.89 lakh shares.
On the buying side, Societe Generale emerged as the largest buyer, acquiring 18.86 lakh shares. Other major buyers included Ghisallo Master Fund LP, Viridian Asia Opportunities Master Fund, and Nippon India Mutual Fund.
Additional participants included Goldman Sachs, BNP Paribas, Edelweiss Mutual Fund, and Sundaram Mutual Fund.
Strong Quarterly Performance Despite Stake Sales
The transactions reflect continued secondary market activity in Paytm, where several early investors have been gradually monetising stakes over recent quarters.
During Q4 FY26, Paytm reported an 18.4% year-on-year increase in revenue to ₹2,264 crore, while profit rose to ₹183 crore during the same period.
The company’s shares closed at ₹1,114.3 on the NSE, giving it a market capitalisation of approximately ₹71,335 crore.