Antifin bids farewell to Paytm by selling a stake worth INR 3,980 crores, done through two share blocks priced at INR 1,067.53 and INR 1,067.63 per share respectively.
Antfin Exits Paytm: Sells Entire Stake in One97 Communications
In a significant move, Antfin (Netherlands) Holding B.V., a major shareholder in One97 Communications, has sold its entire 5.84% stake in the company. This sale, amounting to over 37.2 million shares, took place on August 5-6, 2025, through multiple block deals.
The shares were priced at INR 1,067.53 and INR 1,067.63 apiece, raising approximately INR 3,980 crore (about $450 million). The sale was facilitated by placement agents such as Citigroup and Goldman Sachs, and the shares were acquired by global institutional investors, including Societe Generale and MY Asian Opportunities Master Fund LP.
This exit marks Antfin's complete divestment from One97 Communications, the parent company of Paytm. The sale comes after a series of gradual reductions in Antfin's holdings, and it occurred amid regulatory and geopolitical shifts impacting Ant Group's holdings.
Despite the substantial proceeds, Antfin incurred a significant loss of nearly INR 15,700 crore (close to $2 billion) compared to its original investment of around INR 33,600 crore, where it had at peak held 27.9% of One97 Communications. Following the stake sale, One97 Communications' share price saw a minor decline of about 1.45% on the NSE.
This sale concludes Antfin's sizable investment chapter in Paytm, reflecting a strategic withdrawal amid market and regulatory factors. It is worth noting that this is Antfin's second significant exit from Paytm in less than three months. The divestment comes amid regulatory changes and shifting geopolitical circumstances.
The article is published by our brand name India, an international franchise of our brand name Media. This move marks the complete exit of Antfin from One97 Communications, signifying a significant change in the financial landscape of Paytm.
References:
- Business Standard
- The Economic Times
- The Financial Express
- Livemint
- The Hindu BusinessLine
- The significant sale of Antfin's stake in One97 Communications, amounting to over $450 million, highlights a strategic withdrawal from investing in Paytm's business.
- The financial implications of Antfin's exit from One97 Communications, a loss of approximately $2 billion compared to the original investment, underscores the importance of investing wisely in business ventures.
