On this page
Paytm rises as Elevation affiliates sell ₹2,038 crore stake in block deal
Paytm shares gained over 1% after Elevation Capital affiliates sold 1.49 crore shares worth ₹2,038.02 crore in a block deal. NPS Trust and Axis Mutual Fund were major buyers, acquiring shares worth ₹413.07 crore and ₹369.3 crore respectively.
Reported figures
From the report. Source details below
| SAIF III Mauritius sold 97.43 lakh shares for | ₹1,332.7 crore |
|---|---|
| SAIF Partners India IV sold 41.36 lakh shares for | ₹565.77 crore |
| Elevation Capital V sold 10.20 lakh shares for | ₹139.55 crore |
| NPS Trust bought 30.2 lakh shares for | ₹413.07 crore |
| Axis Mutual Fund bought 27 lakh shares for | ₹369.3 crore |
| Pre-deal stakes: | SAIF III Mauritius 8.55%; SAIF Partners India IV 3.63% |
The source
First seen