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Antfin Set to Offload Major Paytm Stake Worth ₹20.66 Billion at Floor Price of ₹809.75/Share

Updated: May 12, 2025 17:02

Image Source: Deccan Herald
Antfin (Netherlands) Holding B.V., an affiliate of China’s Ant Group, is moving to sell a significant portion of its holding in India’s Paytm, with the transaction valued at approximately ₹20.66 billion. The sale, part of a broader trend of Chinese investors paring down stakes in Indian tech firms, is set to be executed at a floor price of ₹809.75 per share.
 
Key Highlights:
  • Size and Value of Sale: Antfin plans to sell a substantial stake in Paytm, with recent transactions involving blocks of up to 3.6% and 10.3% of the company, valued at up to $628 million (around ₹20.66 billion).
  • Offer Price: The latest block deal is being offered at a floor price of ₹809.75 per share, representing a slight discount to recent closing prices, a common practice in large secondary market transactions
  • Ownership Changes: Previous deals saw Antfin transfer a 10.3% stake to Paytm founder Vijay Shekhar Sharma’s Resilient Asset Management, raising Sharma’s direct and indirect holding to 19.42% and reducing Antfin’s to 13.5%. The current sale could bring Antfin’s stake below 10%.
  • Market Impact: These sales have increased Paytm’s free float, making it more attractive for inclusion in global indices and drawing in major institutional buyers such as Societe Generale and Morgan Stanley.
  • Sector Context: The move follows a pattern of Chinese and other foreign investors reducing exposure to Indian fintech, with Alibaba and SoftBank also recently exiting or trimming their stakes.
  • Analyst Sentiment: Despite the stake sales, analysts remain bullish on Paytm’s prospects, citing its strong position in digital payments and lending, and recent improvements in financial performance.
This high-profile stake sale signals a new ownership era for Paytm, with founder-led entities gaining prominence and global investor interest on the rise.
 
Sources: The Print, YourStory, Hindustan Times, The Hindu Business Line, Inc42, Outlook Business, Business Today

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