Paytm share price, Paytm block deal: Shares of One 97 Communications Ltd, the parent entity that operates mobile payments pioneer Paytm, fell over 1 per cent today, August 18, amid heavy activity in the block deal window with around 1.92 crore shares, equivalent to nearly 3 per cent of the company’s equity, changing hands in multiple block deals.
According to NSE block deal data, the shares were transacted at Rs 1,535.10 apiece, taking the total value of the transactions to approximately Rs 2,948.94 crore.
The official buyers and sellers of the block deal are yet to be known.
The Paytm block deal comes into focus as Resilient Asset Management B.V. intends to sell up to 4.98 per cent of its shareholding in Paytm through a block market trade, as part of the broader exit of Chinese fintech major Antfin from the company. Resilient Asset Management B.V. is wholly owned by Paytm founder and chief executive Vijay Shekhar Sharma.
Despite the stake sale, Paytm founder and CEO Vijay Shekhar Sharma continues to hold around 9 per cent direct stake in the company.
Paytm Block Deal – Key highlights
- NSE block deal window: 1.92 crore shares at Rs 1,535.10 per share, valued at Rs 2,948.94 crore
- Resilient’s sale of Paytm shares is part of Antfin’s exit
- Antfin held OCDs in Resilient against 10.2% of Paytm shares
- Resilient to sell up to 4.98% stake through secondary market transactions
- Vijay Shekhar Sharma continues to hold around 9% stake directly
Resilient’s block trade trims Antfin’s remaining link to Paytm; proceeds to go to Antfin
The proceeds from the transaction will accrue to Antfin under an existing optionally convertible debenture (OCD) agreement, further reducing its indirect economic exposure to Paytm.
Under an arrangement dated August 2023, disclosed by the company, Antfin transferred about 10.2 per cent of its equity stake in Paytm to Resilient in exchange for OCDs (issued by Resilient to Antfin). Post the transfer, Resilient held direct shareholding in One 97 Communications, while Antfin held the debentures, which carry an economic claim tied to the value of those shares.
To be sure, the development comes as Paytm has stayed an Indian-Owned and Controlled Company (IOCC) for two straight quarters, with domestic institutions steadily raising their shareholding. Domestic investors currently hold 51.6% of Paytm, as of the quarter ended June 30, 2026.
Antfin which once held 27.9 per cent stake in Paytm in 2021, has steadily pared down its stake in the Indian fintech major since then, and fully exited its direct stake in August 2025. The shares now being sold by Resilient fall solely under the 2023 debenture arrangement.
“The Company is not a party to the transaction, and there is no change in the Founder’s (Sharma’s) direct shareholding in Paytm,” Paytm said in the regulatory filing.
This comes as Paytm’s profitability push has continued to gather pace. One 97 Communications reported a full-year profit after tax of Rs 552 crore for FY26, with revenue rising to Rs 8,437 crore, marking the company’s first full year of profitability since its 2021 listing.
The momentum has carried into the current fiscal year. For the quarter ended June 30, 2026 (Q1 FY27), the company reported a profit after tax of Rs 220 crore, up 79 per cent from Rs 123 crore in the same quarter last year. Revenue from operations rose 28 per cent year-on-year to Rs 2,448 crore, while EBITDA more than doubled to Rs 203 crore.
Paytm share price target
Recently, brokerage firm Bernstein raised its target price on the Paytm stock to Rs 2,200 from Rs 1,500 earlier this month, citing potential UPI merchant discount rate income, becoming the first brokerage target to exceed Paytm’s Rs 2,150 IPO price since its 2021 listing.
(With inputs from agencies)
(Disclaimer: The above article is meant for informational purposes only and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
