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Paytm Parent Sees Large Block Deal Worth Rs 2949 Crore
About 1.92 crore shares of One97 Communications, the parent company of Paytm, changed hands in a block deal worth Rs 2,949 crore on August 18. The transaction represented 2.95 percent of the company and was executed at Rs 1,535.10 per share, amid reports that promoter entity Resilient Asset Management was seeking to sell a stake.
By Finblage Editorial Desk
2:50 pm
18 August 2026
About 1.92 crore shares of One97 Communications Ltd, the parent company of Paytm, changed hands in a block deal on Tuesday, August 18. The transaction represented 2.95 percent of the fintech company's equity and was valued at approximately Rs 2,949 crore.
The block deal was executed at Rs 1,535.10 per share, which was the floor price reported ahead of the transaction. The price represented a 2.9 percent discount to Paytm's previous closing price of Rs 1,580.20 on the NSE.
The identities of the buyers and sellers were not immediately disclosed. However, reports on Monday had indicated that Resilient Asset Management B.V., the parent and promoter entity of Paytm founder Vijay Shekhar Sharma, was looking to sell a stake through a block deal.
According to the earlier report, the proposed transaction could involve up to 4.98 percent of Paytm's equity, comprising a base offer of 3 percent and an additional upsize option of 1.98 percent. The reported transaction also included a 90 day lock up on any further sale of shares.
The 2.95 percent stake traded on Tuesday is broadly in line with the reported 3 percent base offer. However, available transaction data does not confirm Resilient Asset Management as the seller.
Paytm shares closed 1.42 percent lower at Rs 1,580.20 on Monday. Despite the recent decline, the stock has gained 22.3 percent so far in 2026, outperforming the Nifty 50, which has declined 7.1 percent over the same period. One97 Communications had a market capitalisation of more than Rs 1.01 lakh crore at Monday's close.
The block deal comes after Paytm reported a strong performance for the June quarter. Consolidated net profit increased 79 percent year on year to Rs 220 crore from Rs 123 crore a year earlier, while revenue from operations rose 28 percent to Rs 2,448 crore from Rs 1,918 crore.
The company's payments business also recorded strong growth during the quarter. Merchant gross merchandise value increased 31 percent year on year to Rs 7.1 lakh crore, while customer UPI gross transaction value rose 45 percent to Rs 5.9 lakh crore.
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