Paytm shares in focus as Antfin plans 5.4% equity stake sale via block deal
ADVERTISEMENT According to the term sheet, the transaction is valued at Rs 3,803.3 crore (approximately USD 434 million) at the offer floor price.
The offer floor price has been set at Rs 1,020 per share, representing a 5.4% discount to Paytm's closing price of Rs 1,078.20 on the National Stock Exchange (NSE) as of August 4.
The sale involves up to 3.7 million shares, accounting for 5.84% of the company's total outstanding shares.The proposed sale will be executed as a bulk sale via one or more share sales on the screen-based trading platform of Indian stock exchanges. The entire offering is secondary in nature, implying that the company will not receive any proceeds from the transaction.The deal is being managed by Citigroup Global Markets India and Goldman Sachs (India) Securities, who are acting as the placement agents for the transaction.
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Books Open: Around 7:00 AM IST on August 5, with the option to close earlier.
Around 7:00 AM IST on August 5, with the option to close earlier. Expected Trade Date: August 5, 2025 (T)
August 5, 2025 (T) Expected Settlement Date: August 6, 2025 (T+1)
August 6, 2025 (T+1) Lock -up: Not applicable; classified as a clean-up trade
Not applicable; classified as a clean-up trade Brokerage & Charges: Buyer to bear 25 basis points, with additional market charges as applicable
Buyer to bear 25 basis points, with additional market charges as applicable USD/INR Reference Rate: 87.6525 (Bloomberg rate as of August 4, 2025, 4:00 PM IST)
According to the term sheet, no official pricing guidance will be provided until the shares are crossed on the exchanges on August 5.
ADVERTISEMENT On Monday, the shares of Paytm closed flat at Rs 1,078.30 on the BSE.
Also read: Tata Investment announces first-ever stock split in 1:10 ratio; check details on record date
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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