Paytm Sees Growth in Retail and Mutual Fund Investments Amid FDI Decline

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One 97 Communication Limited, the parent company of Paytm, updated its shareholding pattern for Q1 FY25 with the stock exchange on Friday. The revised data shows an increase in stocks held by retail investors and mutual funds, as detailed in the company’s Bombay Stock Exchange (BSE) filing.

The filings indicate that retail investors’ shareholding rose by 1.3%, reaching 16.56% from the previous 15.32%. Additionally, mutual funds increased their stakes in Paytm’s shares by 0.65%, now holding 6.80% in Q1 FY25.

Investments led by Mirae and Nippon contributed to a 0.29% increase in domestic institutional investors’ stake, bringing it to 7.15% during the first quarter of the current fiscal year (Q1 FY25).

However, Paytm experienced a 2% decrease in its total foreign direct investment (FDI), which dropped to 37.77% in Q1 FY25. This significant decrease was primarily due to the major exit of SoftBank (SVF India Holdings), which now holds less than 1% in Paytm. Foreign Portfolio Investors (FPIs) currently hold a 20.47% stake in Paytm, with a slight sequential decline of 0.16%.

According to the board meeting disclosure, Paytm’s parent company will release its Q1 results on July 19. The public firm anticipates revenue of Rs 1500-1600 crore and an EBITDA before ESOPs of negative Rs 500-600 crore.