A block deal in One 97 Communications Ltd, the parent company of Paytm, has been launched by existing investors SAIF Partners and Elevation Capital entities.
The proposed transaction involves the sale of up to around 8.6 million shares, representing nearly 1.3% of Paytm’s outstanding equity. At the indicated floor price of ₹1,120.65 per share, the total deal size is estimated at approximately ₹963.6 crore.
In the Paytm block deal tomorrow, the sellers in the transaction include Saif III Mauritius Company Limited, Saif Partners India IV Limited and Elevation Capital V Limited. The deal is being executed entirely as a secondary share sale through block transactions on the stock exchanges.
The floor price has been fixed at ₹1,120.65 per share, implying a discount of nearly 2.99% to Paytm’s BSE closing price of ₹1,155.30 on May 21, 2026.
This is not the first major stake sale involving Paytm’s early investors. Previously too, SAIF III Mauritius, SAIF Partners and Elevation-linked entities had sold stakes in the fintech company through block deals as part of gradual portfolio monetisation after the stock’s recovery from post-listing lows.
Paytm shares are expected to remain in focus in Friday’s trade amid the proposed transaction.
Disclaimer: This article is based on a termsheet accessed by us and publicly available market information. Investors are advised to consult certified financial advisors before making investment decisions.