Elevation Capital Sells About 2% of Paytm in Rs 1,722-Crore Block Deal

Overview

• Roughly 1.32 crore Paytm shares, equal to 2.07% of equity, changed hands at Rs 1,307 each for a total value of about Rs 1,722 crore.
• The executed price cleared above the earlier indicated floor of Rs 1,281 per share, with a reported 60‑day lock-up on further sales by the sellers.
• The sellers are linked to Elevation Capital’s vehicles, including SAIF III Mauritius and SAIF Partners India IV, which together held more than 15% as of the September quarter.
• Paytm shares slipped after the deal, briefly touching Rs 1,305 before trimming losses, following a 2.4% gain in the previous session.
• The transaction comes after Paytm reported Q2 FY26 net profit of Rs 21 crore due to exceptional items alongside revenue and EBITDA growth, with the stock up strongly over the past year.