One 97 Communications Ltd. (Paytm) is about for a major block commerce on August 5, 2025, as Antfin (Netherlands) Holding BV prepares to dump its stake by means of a secondary share sale on the Indian inventory exchanges. The deal, structured as a totally secondary sale, will see as much as 38.033 million shares (roughly $434 million) being supplied on the flooring value of Rs 1,020 per share — a 5.4% low cost to Paytm’s final traded value of Rs 1,078.20 on the NSE.
Citigroup International Markets India Pvt. Ltd. and Goldman Sachs (India) Securities Pvt. Ltd. are performing as the position brokers for the transaction. The sale could symbolize as much as 6.84% of Paytm’s complete share excellent (TSO), with flexibility to go as much as 3.73 million shares (5.84% of TSO) based mostly on demand.
The anticipated commerce date is August 5, with a settlement scheduled for August 6 (T+1). The providing will likely be executed on a screen-based buying and selling platform and is open to certified institutional consumers (QIBs), accredited buyers in Canada, and permitted purchasers outdoors the U.S. as per relevant securities legal guidelines.
The location doesn’t embody a lock-up and is categorized as a “clean-up commerce.” Buyers are required to situation directions for execution by 7 AM IST on August 5. Whereas the order ebook opens the identical day, the position brokers reserve the correct to cancel or alter unfilled orders and have full discretion over allocation, particularly for overseas portfolio buyers topic to funding headroom.
The USD/INR fee for conversion is pegged at 87.6525 as of August 4, 2025 (4:00 PM IST), based mostly on Bloomberg information.
This strategic exit transfer by Antfin underscores a broader realignment of shareholding within the Indian fintech main, coming amid rising investor curiosity and evolving regulatory oversight in India’s digital funds area.
