Paytm now an Indian-owned, controlled company; Retail selling continues

Paytm now an Indian-owned, controlled company; Retail selling continues


One97 Communications Ltd., parent company of payments aggregator Paytm, has disclosed to the exchanges that it has now become an Indian Owned and Controlled Company (IOCC), has its domestic shareholding as surpassed that of foreign investors.

In its exchange filing on Wednesday, April 15, Paytm said that domestic investors, including mutual funds, insurance companies, retail, and other institutions, including Vijay Shekhar Sharma, now stands at 50.3%, compared to 49.4% held by foreign institutions.

After a brief dip in December, which was the first such instance since Paytm became a public company, India’s domestic mutual funds doubled down on the stock again, increasing their stake to 16.6% from 14.3% in December. On the flip side, retail shareholding continued to decline for the eighth straight quarter.

For retail shareholders, or those who have an authorized share capital of up to ₹2 lakh, their holdings in percentage terms in Paytm fell to 8.64% from 8.85% in December. In absolute terms, the figure fell below the 8 lakh mark to 7.96 lakh from 8.17 lakh in December.

At the end of the December quarter, Motilal Oswal Midcap Fund, Mirae Asset Largecap Fund, Nippon India Growth Midcap Fund, and Bandhan Large and Midcap Fund, were among the prominent names that featured among public shareholders at the end of the March quarter. SBI Life Insurance and Tata AIA Life were the insurance companies that held stake in Paytm.

Paytm shares had declined to an all-time low of ₹318 in February 2024, but have seen a rebound of over 3.5x from those levels to hit a 52-week high of ₹1,381. The stock currently trades below those levels and continues to remain below its IPO price of ₹2,150.

Shares of Paytm ended 2.7% higher on Wednesday at ₹1,137. The stock has rebounded 12% in the last one month, but is also down by a similar quantum so far in 2026.



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