Ant Group to Sell 4% Stake in Paytm Worth ₹2,066 Crore via Bulk Deal
Chinese financial services major Ant Group, through its affiliate Antfin (Netherlands) Holding BV, has announced plans to sell a 4% stake in fintech company One97 Communications Ltd—the parent firm of Paytm—for approximately ₹2,066 crore via bulk deals on Indian stock exchanges. The sale will be executed at a floor price of ₹809.75 per share, representing a 6.5% discount to Paytm’s last closing price on the National Stock Exchange (NSE).
This move is significant as it signals Ant Group’s gradual withdrawal from Indian fintech giant Paytm, amid evolving geopolitical dynamics and portfolio rebalancing by global investors. It also marks one of the largest secondary market deals in recent times and reflects foreign investors’ shifting strategy in Indian tech unicorns.
Summary/Static | Details |
Why in the news? | Ant Group to Sell 4% Stake in Paytm Worth ₹2,066 Crore via Bulk Deal |
Company Selling Stake | Ant Group (Antfin Netherlands Holding BV) |
Company in Focus | One97 Communications Ltd (Paytm) |
Stake to be Sold | 4% (25.5 million shares) |
Value of Transaction | ₹2,066 crore |
Floor Price Per Share | ₹809.75 |
Last NSE Closing Price | ₹866.05 |
Investment Bankers | Goldman Sachs India, Citigroup Global Markets India |
Initial Investment (since 2015) | $851 million |
Type of Transaction | Bulk deal on BSE & NSE |
Location of Paytm HQ | Noida, India |
Coffee is one of the most loved drinks in the world. People enjoy it in…
India is a land of rich natural beauty, with many different types of forests. Among…
Patna is a well-known city in India with a long and rich history. It is…
The Madhya Pradesh government has launched a new initiative offering monthly stipends to unemployed youth—₹6,000…
During his UK visit in July 2025, Prime Minister Narendra Modi presented a tree sapling…
World Mangrove Day, observed every year on July 26, is an important environmental awareness day…