On July 5, the Alibaba Group affiliate business sold 3.73 Cr shares of the fintech giant through open-market transactions for INR 3,980.7 Cr, a day after rumours circulated that Antfin was seeking to sell its remaining interest in Paytm.
Societe Generale, My Asian Fund Among Key Buyers
Antfin sold the shares at an average selling price of INR 1067.6 each, according to BSE data. This was about 1% less than Paytm’s closing price of INR 1,078.3 on 4 August. Societe Generale acquired 67.5 lakh shares, while My Asian Opportunities Master Fund L snatched up 35 lakh of the shares that flooded the market.
Antfin to Sell Remaining Stake via INR 3,800 Cr Clean-Out Deal
According to a CNBC report, Antfin Holding BV, a division of Alibaba Group, intends to sell its remaining 5.84% share in One 97 Communications, the parent company of financial giant Paytm, through a clean-out block deal of INR 3,800 Cr.
The sale’s floor price is INR 1,020 per share, which is 5.4% less than the BSE’s closing price of INR 1,078.30 on 4 August. Antfin would completely leave the Indian fintech company with the deal, which is anticipated to be completed in a single tranche.
Final Exit Follows Earlier INR 2,103 Cr Stake Sale in May
This action comes after Antfin sold a 4% interest for INR 2,103 Cr in May 2025. Over 2.55 Cr shares were sold in that transaction at an average price of INR 824.67, which was 3.72% less than Paytm’s most recent closing price at the time. Goldman Sachs (Singapore) had acquired 37.25 lakh shares in that transaction at that point.
Paytm’s Performance Boosts Investor Confidence
In just three months, Antfin will have sold off almost 10% of its Paytm stock, marking a calculated withdrawal following years of investment. Antfin had roughly 23.8% of the business at its height.
The anticipated exit follows Paytm’s first-ever quarterly net profit of INR 122.5 Cr in Q1 FY26, which was achieved after the company reported a loss of INR 839 Cr the previous year. EBITDA was positive at INR 71.5 Cr with a 3.7% margin, while its revenue increased 27.7% YoY to INR 1,917.5 Cr.
Impact: China’s Stake in Paytm Nears Zero
Over the past month, the company’s stock has climbed by more than 20% as a result of rising investor confidence and a growth in mutual fund participation. The agreement would further lessen China’s involvement in Paytm, which has already come under fire for issues with foreign ownership and data localisation.
Vijay Shekhar Sharma, the creator of Paytm, and his family members own Resilient Asset Management BV, an international company that holds a 19.31% stake in One97 Communications, making them the largest stakeholder overall.
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