Paytm May Face Significant Shareholder Change Following SAIF Partners' Plan to Sell 1.3% Stake

Paytm Parent Company's Shares in Focus Following Potential Stake Sale

Shares of One 97 Communications, the parent company of Paytm, are likely to remain in focus after CNBC-TV18 reported that SAIF Partners is looking to pare its stake in the fintech firm through a block deal. According to CNBC-TV18 sources, SAIF Partners plans to sell around 86 lakh shares, representing nearly 1.3% equity in the company.

The proposed transaction includes a floor price of Rs 1,120.65 per share, implying a discount of around 3% to Thursday's closing price. This sale comes at a time when sentiment around the stock has improved significantly following a sharp turnaround in the company's financial performance. Ahead of the development, shares of One 97 Communications closed 0.3% lower at Rs 1,150 apiece on the NSE on Thursday.

The proposed stake sale is particularly notable given the recent improvement in the company's financial performance. Earlier this week, brokerage firm Goldman Sachs reiterated its "buy" rating on Paytm with a target price of Rs 1,400 per share, implying upside potential of over 26% from current levels. This rating is based on the company's expected revenue growth to accelerate in FY27, supported by operating leverage, merchant lending growth, and improving monetisation across its payments business.

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Paytm recently reported its first-ever full-year profitability. The company posted a net profit of Rs 184 crore for the March quarter, compared with a loss of Rs 540 crore a year earlier, while FY26 profit after tax stood at Rs 552 crore. EBITDA for the quarter came in at Rs 132 crore, against a loss of Rs 88 crore in the corresponding period last year, reflecting improved operating efficiency and cost discipline.

Comparison of Paytm's Financial Performance

Note: FY26 denotes the financial year 2025-2026, and the data is for the March quarter of that year.

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