The Amsterdam-based company will offer more than 3.72 Crore shares and the Block Deal size will be estimated at RS 3,800 Crore, according to ET Now Report. With reference to sources, the report said that Citigroup and Goldman Sachs are for the issue.
Ant Group is behind the Chinese fintech giant Alipay.
Paytm shares ended today on RS 1,079.90 on the NSE and won 3.50 or 0.33% with RS compared to the closing price of Friday. The sale comes on the back of a strong 116% in the share for a period of 1 year. So far, Paytm’s profit in 2025 are at an amount of 9%.
One 97 communication waved to profit in Q1FY26, with consolidated net profit of RS 122.5 Crore against a loss of RS 839 Crore in the period of the year ago. The turnover of the company from the activities was RS 1,917 Crore, which increased by 28% compared to RS 1,502 Crore in the corresponding quarter of the last financial year.
One 97 communication had reported a net loss of RS 540 Crore in Q4FY25 and it was attributed to the owners of the parent. Traders, Higher GMV and growth of income from the distribution of financial services.
The income before interest, taxes, depreciation and amortization (EBITDA) and Pat became profitable in RS 72 Crore (margin of 4%) and RS 123 Crore, respectively, which demonstrates an AI-led operational leverage, disciplined cost structure and higher other income.
Jefferies has upgraded Paytm to ‘buy’ from ‘Hold’ after the income of Q1.
(Disclaimer: recommendations, suggestions, views and opinions of the experts are their own. These do not represent the views of economic times)
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