Paytm’s updated shareholding patterns for Q1 FY25 with the Bombay Stock Exchange on Friday reveal that there has been an increment in the stocks held by retail investors and mutual funds.
The retail investors’ stakes went up by 1.3% from 15.32% to 16.56% while the shareholding of domestic mutual funds grew by 0.6% from 6.15% in Q4 FY24 to 6.80% in Q1 FY25.
Domestic investors’ stake grew by 0.29% from 6.86% to 7.15% in the same period, on the account of the investments led by Mirae and Nippon in the fintech platform. While the former’s stakes grew from 3.76% to 3.92%, the latter’s grew to 1.76% from 1.66% on a QoQ basis.
Meanwhile, the Vijay Shekhar Sharma-led firm’s total Foreign Direct Investments (FDIs) dropped by 2% from 39.77% in the March quarter to 37.77% in Q1 FY25 due to the decrease in the stakes held by SoftBank (SVF India Holdings) now accounting for 1% after the exit. The stakes of NRIs also dropped down to 0.81% from 0.85%.
Foreign Portfolio Investors (FPIs) hold 20.48% stakes in Paytm indicating a drop of 0.16% from 20.64% in the March quarter. Goldman Sachs (Singapore) Pte’s stakes are now less than 1% in the fintech platform while Treeline and UBS Principal Capital Asia’s stakes crossed 1% in Q1 FY25.
Paytm’s stock closed at Rs 467.25 on BSE as of Friday, gaining 16% in total in Q1 FY25. The parent company of Paytm, One97 Communications is expected to release its Q1 FY25 reports on July 19, with its revenue with EBITDA expected to touch the 1,600 crore mark before negative ESOPs worth about Rs 600 crore.
