PAYTM SHAREHOLDERS
Jio Platforms shares surge 21% on debut, overtake Airtel in market cap
Jio Platforms made a remarkable entrance in the stock market, soaring 21.4% above its IPO price on the first day of trading. Closing at ₹1,417.35, the stock surpassed Bharti Airtel in market capitalization. With a staggering 22 times oversubscription, the IPO attracted considerable institutional backing. At the launch event, executive director Anant Ambani recognized the invaluable support from millions of subscribers.
Can SFC Environmental Technologies IPO deliver long-term growth for high-risk investors?
SFC Environmental Technologies is planning an IPO to raise ₹150 crore for debt repayment and ₹517.5 crore for an offer for sale. The company has reported consistent growth in both revenue and profits, with significant contributions from repeat customers. Concerns include uneven cash flow due to high working capital and reliance on government contracts for revenue.
Stocks in news: Paytm, Tata Consumer, Dalmia Bharat, REC and DCM Shriram
Indian equity markets showed recovery with a rise in NSE Nifty 50, ending a four-session losing streak. Several companies reported their September-quarter earnings, highlighting varying financial performances. Paytm experienced significant profit growth, while Dalmia Bharat reported a net loss due to an exceptional charge. Defence stocks are also in focus following government procurement approvals. Investors continue to track earnings reports and related developments in the market.
Stocks in news: Infosys, Kotak Mahindra Bank, YES Bank, Raymond, BPCL, Coforge and Senco Gold
Indian equity markets have faced a decline for four consecutive sessions, with the Nifty falling significantly. Various factors, including selling by foreign investors and rising crude oil prices, have contributed to this downturn. Notable stocks such as Infosys and Kotak Mahindra Bank have attracted investor attention due to their quarterly earnings. Upcoming developments may influence market sentiment further as investors remain watchful.
ESOP Muddle: 7 ways ESOPs are used to trick accounts, taking minority shareholders for a ride
Companies do not always pay employees through salaries and bonuses. Sometimes, they reward them with shares – or the right to buy shares at favourable prices. But promoters can use this to dress up profits.
Paytm's Indian ownership rises to 56%; domestic institutions continue to raise stake
In a notable development, One 97 Communications Ltd., Paytm's parent company, observed a significant rise in domestic share ownership as of Q2 FY 2027. Indian investors now hold over 56% of the firm, which illustrates a positive trend towards local equity involvement. Furthermore, domestic institutional ownership has soared to 29.5%, reflecting heightened engagement from local institutional players. In contrast, foreign direct investment declined to 18.
- Go To Page 1
Menlo Ventures on AI slowdown; Ola Electric CEO pledges stake
Happy Monday! Menlo Ventures, an early Anthropic backer, says the real AI constraint is compute, not a slowdown in frontier models. This and more in today's ETtech Morning Dispatch.
Listed startups unlock Rs 25,000 crore for VC, PE investors
An ET analysis of National Stock Exchange (NSE) and BSE block and bulk deal disclosures across 18 new-age companies shows sales by investors including Japan’s SoftBank group and venture capital firms Peak XV Partners, Elevation Capital and Accel.
Do Rs 10,000 crore IPOs reward investors? Rs 1 lakh crore history has a warning for NSE bulls
India's mega IPOs have yielded varied results for investors, with a notable four out of six trading below their initial issue prices, leading to disappointing returns. The upcoming IPO from NSE could encounter similar hurdles, primarily due to its high valuation and earnings that are closely tied to market volumes. Investors are advised to carefully evaluate valuation metrics and derivative dependencies before participating in this significant offering.
Tata stocks rise on listing hopes, Chandra's extension
Tata Sons has announced the reappointment of N Chandrasekaran as executive chairman for the next five years, sparking discussions about future strategic moves, including a possible listing. However, Tata Trusts has deemed this reappointment legally void, signaling potential tensions that may hinder group initiatives and delay unlocking shareholder value. The conflicts between these entities are significant as they impact leadership and strategic direction.
NSE vs BSE vs MCX: Who created the most wealth & who has more to give?
Over the last five years, BSE has emerged as the top performer in wealth creation. Meanwhile, NSE's unlisted shares experienced more modest growth in comparison. MCX presents a longer pathway for growth due to its early involvement in commodity derivatives. Notably, NSE enjoys a structural edge with its strong market position and cash flow generation. Investors are encouraged to evaluate sustainability and valuations when making future investment choices.
NPCI unveils UPI MDR; Meta's new child safety measures
The NPCI has finalised the long-awaited MDR framework for UPI transactions, paving the way for changes to the payments ecosystem. This and more in today’s ETtech Top 5.
SBI to hire 12,000 personnel, add 250 branches during FY27: Chairman Setty
State Bank of India plans to hire approximately twelve thousand personnel this financial year. The bank also intends to expand its network by adding around two hundred fifty new branches. SBI and its subsidiary will dilute up to one percent stake in the National Stock Exchange. This divestment is part of the National Stock Exchange's proposed initial public offering.
Block, bulk deals hit 14-month high in August at Rs 80,000 crore
Block and bulk trades worth at least ₹80,000 crore were executed during the month - the highest since June 2025. Domestic mutual funds, insurance companies, pension funds, and a clutch of foreign institutions lapped up the increased supply of shares in the market.
Paytm to step up AI, financial services investments after first profitable year, Sharma says
The comments come after a sharp turnaround at One 97 Communications. Paytm reported its first full-year profit of Rs 552 crore in FY26, compared with a loss of Rs 663 crore a year earlier, while operating revenue rose 22% to Rs 8,437 crore. Ebitda improved by Rs 2,008 crore and hit Rs 502 crore.
Vijay Shekhar Sharma's Rs 4 crore pay found 'materially below' peer median; Board recommends revision
Under the proposed structure, Sharma's remuneration will also include a variable component which will be performance-linked set by the NRC on achievement against predefined financial performance targets.
Paytm block deal: Vijay Shekhar Sharma’s Resilient Asset likely sells nearly 2 crore shares worth Rs 2,949 crore
Shares of One 97 Communications faced a downturn following a notable block deal involving Resilient Asset Management, a firm linked to Paytm’s founder. It’s estimated that shares worth around Rs 2,949 crore were sold in this secondary transaction, with the possibility of extending the stake to Rs 4,895 crore. Goldman Sachs facilitated this considerable share sale as the placement agent.
Vijay Shekhar Sharma's Resilient Asset to sell 4.98% Paytm stake; Antfin to retain economic proceeds
Resilient Asset Management plans to sell up to 4.98% stake in Paytm parent One 97 Communications through a block deal worth Rs 5,000 crore. The economic proceeds will go to Chinese investor Ant Financial under an existing agreement. The sale could reduce Resilient’s holding in Paytm to around 5.2%.
Paytm block deal: Resilient Asset to sell up to Rs 4,895 crore stake at 3% discount
Resilient Asset Management plans to sell up to 4.98% of Paytm parent One 97 Communications through a block deal worth Rs 4,895 crore. The offer carries a 2.9% discount, potentially pressuring shares.
Paytm jumps over 4% after Rs 2,038-crore block deal; Saif Partners, Elevation Capital likely sellers
Paytm shares rose over 4% following a significant block deal. Early investors Saif Partners and Elevation Capital trimmed their holdings in the fintech firm. This secondary share sale involved approximately 2.3% of Paytm's outstanding equity. The company recently reported strong quarterly earnings with increased net profit. Paytm's board also approved an additional investment into its subsidiary Paytm Money.
Sebi pulls up Paytm founder Vijay Shekhar Sharma, director on IPO breaches: report
The issue revolves around whether Sharma should have been classified as a large shareholder, rather than an employee, when Paytm filed its IPO papers, the report said, citing two people aware of the matter.
Ace investor Akash Bhansali raises stake to 1.21% in Paytm in June quarter
Bhanshali holds 19 stocks besides Paytm, totaling over ₹5,980.4 crore. Notably, retail investors increased their stakes in the company by 1.30% in the April-June quarter, reaching 16.56%.
Paytm shareholders approve appointment of new auditor
Digital payment services provider Paytm on Wednesday said its shareholders have approved the appointment of a new statutory auditor, SR Batliboi & Associates LLP, for five years.
FPI holding in Paytm rises by 530 bps to 16.86% in June quarter
The contribution profit for the first quarter is up by about 80% year-on-year to Rs 1,304 crore, with a margin of 56%. At the operating level, EBITDA before ESOP improved to Rs 84 crore, with margins at 4%, driven by an increase in contribution margin and operating leverage.
Paytm faces another reckoning after $10 billion selloff
Stocks often fall after lock-ups expire, as investor selling puts downward pressure on shares. It’s not immediately clear what the sale strategy of large Paytm shareholders will be. Ant and Alibaba own over 30% of shares between them, SoftBank owns nearly 17.5%, while Berkshire Hathaway Inc.’s holding is about 2.5%.
Paytm’s Vijay Shekhar Sharma says his stock grants will vest only after shares cross IPO price
Paytm is looking to break even at the earnings before interest, taxes, depreciation, and amortization (Ebdita) level by end of September 2023, company founder Vijay Shekhar Sharma said in a letter to shareholders, filed with the exchanges, on Wednesday morning.
No RBI observation on data sharing or Chinese angle: Vijay Shekhar Sharma
Paytm Founder & CEO says case being sensationalised and that not Paytm but Paym Bank has been asked not to onboard new customers. Sharma also says the entire board and management of Paytm Bank is in India and of Indian origin. An IT audit will be done and the report submitted to RBI.
Paytm shareholders approve primary raise of Rs 12,000 crore via IPO
Paytm shareholders have also approved the declassification of founder and chief executive Vijay Shekhar Sharma as a promoter to ease compliance requirements.
Paytm IPO: One97 extends deadline for shareholders to submit documents
One97 Communications has extended the deadline for shareholders, employees and former employees to submit their documents, if they wish to sell their shares in the planned Paytm IPO.
Load More
