BNP Paribas, ICS sells Paytm shares worth Rs 1,741 crore

Paytm witnessed another wave of investor exits on Monday as two global shareholders offloaded large stakes through bulk deals on the National Stock Exchange.

The combined value of the transactions stood at Rs 1,741 crore, marking the second major block trade in the fintech company within a week.

According to exchange data, BNP Paribas Financial Markets sold 1.05 crore shares at an average price of about Rs 1,260 per share, amounting to Rs 1,330.7 crore. Integrated Core Strategies sold 32.55 lakh shares at Rs 1,259.85 per share, taking the total value of its trade to Rs 410.1 crore.

Both investors exited at a small discount to Paytm’s previous closing price. The buyers of these blocks were not disclosed in the exchange filings.

The sale comes just five days after Elevation Capital sold 1.19 crore shares of Paytm for Rs 1,556 crore. Investors have been booking profits amid a steady rise in Paytm’s share price. The stock has gained about 40 percent over the past year and is up more than 23 percent so far in 2025, supported by growth in revenue and signs of operating stability.

On the financial front, Paytm’s parent One97 Communications reported revenue of Rs 2,061 crore in the second quarter of FY26, a 24 percent rise year-on-year and 7 percent growth sequentially. The company posted a profit of Rs 21 crore. Profit fell sharply compared to the year-ago period because of a one-time impairment of Rs 190 crore linked to a loan to its former gaming joint venture First Games.

The stake sales also come as Paytm reshapes its business following the Reserve Bank of India’s action against Paytm Payments Bank in 2024. The company has been scaling down or shutting non-core operations and sharpening its focus on digital payments.

Its board recently approved an additional investment of Rs 2,250 crore in Paytm Payments Services Limited to strengthen the payments business. Paytm has launched a feature that lets non-resident Indians make UPI payments using international mobile numbers, part of its effort to expand UPI usage among overseas users.