Paytm's Indian ownership rises to 56%; domestic institutions continue to raise stake

Domestic investors held over 56% of One 97 Communications Ltd., the parent company of Paytm, at the end of the September quarter (Q2 FY27), according to the company's latest shareholding pattern filed with stock exchanges.

The company remained majority Indian-owned for the third consecutive quarter, retaining its position as an Indian-Owned and Controlled Company (IOCC).

Domestic institutional ownership increased to a record 29.5% in Q2 FY27 from 24.9% in the preceding quarter, supported by higher participation from mutual funds, insurance companies and pension funds.


Domestic mutual funds raised their combined stake in Paytm to 21.2% from 17.9% in Q1 FY27.

Kotak Mutual Fund increased its shareholding to 2.13% from 1.51% in the previous quarter. SBI Mutual Fund, Axis Mutual Fund and Sundaram Mutual Fund also appeared among shareholders holding more than 1% for the first time, with stakes of 1.47%, 1.13% and 1.05%, respectively.

Meanwhile, domestic insurance companies increased their combined holding to 6.2% in Q2 FY27 from 5.3% in the previous quarter.

SBI Life Insurance raised its stake to 1.74% from 1.50%, while Tata AIA Life Insurance increased its holding to nearly 2.2% from 1.75%. Holdings by provident and pension funds also rose during the quarter.

Foreign investment holdings decline

Foreign direct investment holdings in Paytm declined to 18.4% in Q2 FY27 from 23.8% in the preceding quarter, following two large block deals during the July-September period.

Entities associated with Elevation Capital sold approximately 2.3% of their stake for ₹2,038 crore, while Resilient Asset Management BV divested around 3% for ₹2,949 crore.

The shares sold through block deals during the quarter were absorbed by domestic mutual funds, insurers and pension funds, according to the company information.

Paytm's Q1 FY27 financial performance

The latest shareholding figures follow Paytm's financial results for the April-June quarter, when its operating revenue increased 28% year-on-year to ₹2,448 crore.

Profit after tax (PAT) rose 79% to ₹220 crore, while the company reported its highest-ever quarterly EBITDA of ₹203 crore.