Antfin Plans INR 3,800 Cr Block Deal To Exit Paytm: Report

How Refocussing On Payments Biz Helped Paytm Turn Profitable

SUMMARY

Antfin Holding BV, part of Alibaba Group, plans to sell its remaining 5.84% stake in One 97 Communications, parent company of fintech major Paytm, through an INR 3,800 Cr clean-out block deal

The floor price for the sale is set at INR 1,020 per share, a 5.4% discount on Monday’s closing price of INR 1,078.30 on the BSE

The transaction, which is expected to be executed in a single tranche, would mark Antfin’s complete exit from the Indian fintech firm

Update | August 6, 01:50 AM

A day after reports surfaced that Antfin was looking to sell its remaining stake in Paytm, the Alibaba Group’s affiliate company on Tuesday (July 5) sold 3.73 Cr shares of the fintech major via open-market transactions for INR 3,980.7 Cr.

As per BSE data, Antfin sold the shares at an average selling price of INR 1067.6 apiece, a discount of nearly 1% compared to Paytm’s closing price of Rs 1,078.3 on the BSE on Monday.

Of the shares that flooded the market, 35 Lakh were lapped up by My Asian Opportunities Master Fund L, while Societe Generale picked up 67.5 Lakh shares.

Original | August 4, 08:17 PM

Antfin Holding BV, part of Alibaba Group, plans to sell its remaining 5.84% stake in One 97 Communications, parent company of fintech major Paytm, through an INR 3,800 Cr clean-out block deal, according to a CNBC report.

The floor price for the sale is set at INR 1,020 per share, a 5.4% discount on Monday’s closing price of INR 1,078.30 on the BSE. The transaction, which is expected to be executed in a single tranche, would mark Antfin’s complete exit from the Indian fintech firm.

This move follows Antfin’s earlier offload of a 4% stake in May 2025 for INR 2,103 Cr. That sale involved over 2.55 Cr shares at an average price of INR 824.67, a 3.72% discount on Paytm’s last closing price then. At the time, Goldman Sachs (Singapore) had picked up 37.25 Lakh shares in that deal.

In total, Antfin will have liquidated nearly 10% of its stake in Paytm within a span of three months, signalling a strategic exit after years of investment. At its peak, Antfin owned about 23.8% stake in the company.

The planned exit comes close on the heels of Paytm posting its first-ever quarterly net profit of INR 122.5 Cr in Q1 FY26, compared to a loss of INR 839 Cr a year ago. Its revenue rose 27.7% YoY to INR 1,917.5 Cr, and EBITDA turned positive at INR 71.5 Cr with a 3.7% margin.

The company’s stock has risen more than 20% over the past month amid growing investor confidence and increased mutual fund participation.

The deal would further reduce the Chinese exposure in Paytm, which has faced scrutiny in the past over foreign ownership and data localisation concerns.