BNP Paribas, Integrated Core Strategies sell shares worth Rs 1,741 crore in Paytm

25 Nov 2025, 11:37 AM

These share sale comes days after Elevation Capital, formerly known as SAIF Partners, trimmed its stake in Paytm.

Team Head&Tale

Global investors BNP Paribas Financial Markets and Integrated Core Strategies (Asia) Pte Ltd  have sold shares worth Rs 1,741 crore in fintech major Paytm via bulk deals.

BNP Paribas Financial Markets offloaded one crore equity shares at roughly Rs 1,260 apiece, generating proceeds of Rs 1,331 crore, according to stock exchange data. 

Integrated Core Strategies (Asia) Pte Ltd divested 32.55 lakh shares at Rs 1,259.85 each, realizing around Rs 410 crore from the sale.

These share sale comes days after Elevation Capital, formerly known as SAIF Partners, trimmed its stake in Paytm by offloading 1.86% holding worth Rs 1,556 crore.

This marked Elevation Capital's first exit from Paytm since the fintech company's listing in November 2021.

Paytm has had a tumultuous journey since its initial public offering (IPO) and its disastrous listing. At an IPO price of Rs 2,150 per share, the fintech major had a market capitalization of 1500000 crore, but its shares tanked, drawing flak against tech startups in general for their unrealistic valuations.

Paytm's shares have recovered from their lows but is still far away from the valuation it had envisioned then. 

In the past years, other investors of Paytm such as SoftBank and Berkshire Hathaway have fully exited the company.

Earlier this year, China's Alibaba-owned company Antfin also sold its entire stake in Paytm via a block deal.

However, unlike Elevation Capital and other investors that came in early in Paytm, investors such as SoftBank and Berkshire that entered late at inflated valuation exited at a loss.

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