Sundaram MF
Ask about this →0 mentions · last seen 6/5/2026
Signals
Goldman Sachs, SocGen, Citi pick up 1.34% Paytm stake for ₹963 cr as early backers exit
Foreign banks and domestic MFs bought 85.98 lakh shares of One97 Communications at ₹1,120.65 apiece via block deals, while SAIF Partners pared its holding to 12.18% and Elevation Capital trimmed exposure. The churn follows Paytm's FY26 turnaround: ₹183 cr Q4 profit and revenue up 22.2% to ₹8,437 cr.
The Hindu BusinessLine · 5/23/2026, 12:28:30 PM
Goldman Sachs, SocGen lead ₹964 cr block buy of 1.34% Paytm stake as SAIF, Elevation trim
Goldman Sachs, Societe Generale, Citi and domestic MFs including Sundaram and Nippon India picked up 85.98 lakh shares of One97 Communications at ₹1,120.65 apiece via block deals. Early backer SAIF cut its holding to 12.18% as Paytm posts Q4FY26 profit of ₹183 cr on FY26 revenue of ₹8,437 cr.
Business Standard · Companies · 5/23/2026, 12:13:17 PM
Elevation Capital offloads ₹630 Cr Paytm stake; Goldman, Citi, Sundaram step in
Early backer Elevation Capital sold 56.22 lakh Paytm shares at ₹1,120.65 via block deal, just as the fintech posted its first profitable year (₹552 Cr FY26 net profit on ₹8,437 Cr revenue). Stock slipped 3.7% to ₹1,112.50 on the exit signal.
Inc42 · 5/22/2026, 4:38:15 PM