Ant Group, led by Jack Ma, has now completely exited One97 Communications, the parent company of Paytm. The company has sold its remaining 5.84 percent stake. According to reports, Ant Group sold this stake for approximately ₹3,803 crore. Following this deal, Paytm's shares fell by nearly 2 percent, bringing the company's share price to ₹1,056.30.
At what price were the shares traded?
According to documents seen by PTI, Ant Group sold its 3.73 crore shares at ₹1,020 per share. This is 5.4 percent lower than Paytm's closing price of ₹1,078.20 on the NSE on Monday. Goldman Sachs (India) Securities and Citigroup Global Markets India were responsible for book running lead managers for this deal.
Initial Investment of Alibaba and Ant Group
Alibaba and Ant Group were among the early investors in Paytm. Both had invested a total of US$851 million in Paytm from 2015 onwards. Since the company's listing on the stock market in 2021, Alibaba and Ant Group had gradually started reducing their stake.
Vijay Shekhar Sharma is the Largest Shareholder in Paytm
Paytm's founder Vijay Shekhar Sharma and his family members are currently the largest shareholders in One97 Communications. They hold a 19.31 percent stake in the company through their foreign entity, Resilient Asset Management BV. This stake means that Vijay Shekhar Sharma's role is now considered even more influential in the company.
Stake Sale Also Occurred in May 2025
In May 2025, Ant Group sold 2.55 crore shares, or about 4 percent stake, in Paytm. This deal was worth approximately ₹2,103 crore. Market volatility was observed at that time as well, but selling the entire stake this time has created even more stir among investors.
After Resilient Asset Management BV, the second-largest investor in Paytm is Hong Kong-based private equity firm SAIF Partners. As of June 2025, SAIF Partners held a 15.34 percent stake in Paytm through its two affiliates. In addition, some of the company's shares are also held by the public and other institutional investors.
Impact Seen in the Stock Market
As soon as the news broke that Jack Ma's Ant Group had decided to completely exit Paytm, its impact was seen in the stock market. The company's share fell by 2 percent on Tuesday and closed at ₹1,056.30. According to experts, some nervousness was seen among investors due to this sale, but Paytm's fundamentals remain b for the time being.
Company's Profit is Positive for the First Time
Paytm has performed bly in the first quarter (April-June 2025) of the current financial year. In this quarter, the company has recorded a net profit of ₹122.5 crore, while it had a loss of ₹840 crore in the same period a year ago. This is the first time in Paytm's history that the company has made a profit on a consolidated basis.
Along with profits, the company's revenue has also increased. In the April-June 2025 quarter, Paytm's total revenue was ₹1,917.5 crore, which was ₹1,501.6 crore in the same quarter last year. That is, the company's revenue has increased by approximately 28 percent year-on-year.
Confidence Built in Technology and Payment Sector
Paytm is one of the leading fintech companies in the country and its main business is based on digital payments, consumer services, merchant payments and financial products. The company has recently announced the restructuring of its payment bank operations and is also shifting its focus to profitable services.
Now that large foreign investors like Alibaba and Ant Group have completely exited Paytm, investors' eyes are now on Vijay Shekhar Sharma's strategy and leadership. The company's next move and expansion plans will determine how Paytm performs in the stock market going forward.
