Paytm block deal: Resilient Asset to sell up to Rs 4,895 crore stake at 3% discount

Resilient Asset Management BV is set to sell shares worth up to Rs 4,895 crore in One 97 Communications, the parent company of Paytm, through a bulk or block deal on Tuesday. The seller has offered a base deal of up to 19.2 million shares, representing about 3% of Paytm’s existing total share capital. At the floor price of Rs 1,535.10 per share, the base offer is valued at around Rs 2,949 crore.

The deal also has an upsize option of up to 12.7 million shares, or about 1.98% of the company’s equity. If the upsize option is exercised, it could add another Rs 1,946 crore to the transaction.

The total deal size could therefore go up to about 31.9 million shares, or nearly 4.98% of Paytm’s equity, worth around Rs 4,895 crore at the floor price.


The floor price of Rs 1,535.10 per share is at a discount of about 2.9% to Paytm’s closing price of Rs 1,580.20 on the NSE on August 17, 2026.

The transaction will be 100% secondary, meaning the proceeds will go to the selling shareholder and not to Paytm. Goldman Sachs (India) Securities Private Limited is the placement agent for the deal.

The shares will be sold through one or more share sales on the screen-based trading platform of Indian stock exchanges. Paytm is listed on the NSE and BSE.

The term sheet also provides for a 90-day lock-up on further sale of shares by the seller after the transaction.

Block deals are usually tracked closely by investors because they can affect near-term stock movement, especially when the deal size is large. In Paytm’s case, the possible sale of nearly 5% equity could weigh on the stock in early trade, though the moderate 2.9% discount may limit the price impact if demand from institutional investors is strong.

The transaction comes at a time when Paytm shares have seen a strong recovery from earlier lows, helped by improved investor sentiment around the company’s core payments and financial services business.