The parent company of Paytm, One 97 Communication Limited, updated its shareholding pattern with the stock exchange on Friday for the first quarter of FY25. Data derived from the company’s Bombay Stock Exchange (BSE) filing shows that the revised shareholding shows an increase in the stocks held by mutual funds and retail investors.
The filings show that while mutual funds increased their wagers on Paytm’s shares by 0.65% to 6.80% in Q1 FY25, retail investors’ shareholding increased by 1.3% to 16.56% from 15.32%.
In the first quarter of the current fiscal year (Q1 FY25), Paytm saw an increase in the percentage of domestic institutional investors by 0.29% to 7.15% thanks to the investment led by Mirae and Nippon.
According to filings, Paytm experienced a 2% decline in its overall foreign direct investment (FDI) to 37.77% in Q1FY25. The large withdrawal of SoftBank (SVF India Holdings), which currently has less than 1% of the Paytm market, was the primary cause of the notable decline in FDI.
With a slight sequential decline, foreign portfolio investors (FPIs) currently hold a 20.47% stake in Paytm.
As disclosed in the board meeting, the parent company of Paytm is scheduled to release its Q1 results on July 19. The publicly traded company projects revenue of Rs 1500–1600 crore and EBITDA of negative Rs 500–600 crore prior to ESOPs.
