Elevation Capital and Saif Partners Reduce Stake in Paytm by 2%

One 97 Communications Limited (Paytm) has seen a reduction in the combined stake held by Elevation Capital V Limited and associated entities, including Saif III Mauritius Company Limited. The sale, which took place on November 18, 2025, through open market transactions, resulted in a decrease of their total voting capital from 16.46% to 14.45%.

Transaction Details

The transaction, disclosed under SEBI takeover regulations, involved the sale of 12,800,000 shares of Paytm. Here's a breakdown of the shares sold by each entity:

Entity	Shares Sold	% of Total Shares
Saif III Mauritius Company Limited	8,370,120	1.31%
Saif Partners India IV Limited	3,553,390	0.56%
Elevation Capital V Limited	876,490	0.14%

Post-Transaction Shareholding

After the sale, the shareholding structure of these entities in Paytm is as follows:

Entity	Shares Held	% of Total Shares
Saif III Mauritius Company Limited	60,365,369	9.45%
Saif Partners India IV Limited	25,627,088	4.01%
Elevation Capital V Limited	2,437,220	0.38%
Elevation Capital V FII Holdings Limited	3,884,060	0.61%

Market Impact

This significant reduction in stake by major shareholders may have implications for Paytm's stock price and investor sentiment. The move comes at a time when the fintech sector in India is experiencing rapid changes and increased scrutiny from regulators.

Company Overview

One97 Communications Limited, popularly known as Paytm, is one of India's leading digital payment and financial services companies. The company offers a wide range of services including mobile payments, banking, investments, and e-commerce.

As per the latest available data, Paytm's total equity share capital stands at Rs. 638,663,460, comprising 638,663,460 equity shares with a face value of Rs. 1 each.

Investors and market analysts will be closely watching for any further developments or statements from Paytm or the selling entities regarding this transaction and its potential impact on the company's future strategies and performance.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.89%	-2.97%	-0.11%	+45.71%	+36.53%	-16.41%

One 97 Communications (Paytm), one of India's leading digital payment platforms, has marked a significant milestone in its operational recovery. After a two-year period of rebuilding, the company has successfully restored its Unified Payments Interface (UPI) transaction volumes to previous levels, achieving record transaction volumes in the process.

Recovery Journey

The journey back to pre-decline levels has been a testament to Paytm's resilience and strategic efforts in the highly competitive digital payments space. This achievement represents a substantial operational recovery for the fintech giant.

Implications for Stakeholders

The restoration of UPI transaction volumes may be viewed positively by investors and industry analysts. It could signal:

Renewed User Trust: The recovery suggests that users might have regained confidence in Paytm's services.
Competitive Position: This milestone may reinforce Paytm's position in the digital payments market.
Operational Efficiency: The company's ability to handle increased transaction volumes could demonstrate improved operational capabilities.

Market Impact

While specific figures have not been disclosed, the achievement of "record transaction volumes" indicates that Paytm may be performing at or above industry growth rates. This could potentially translate to improved market share in the coming quarters.

As the digital payments landscape in India continues to evolve, Paytm's recovery in UPI transactions may position it to capitalize on the growing adoption of digital financial services across the country.

Investors and industry observers will likely keep a close watch on Paytm's upcoming financial reports to see how this operational recovery translates into financial metrics and overall business performance.