MF’s shareholding up 3.3% QoQ, total institutional holdings up 4% – ThePrint – ANIFeed

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New Delhi (India), Jan 9 (ANI): Domestic institutions continued to buy into Paytm, driven by strong results for Q2 2024-25 and a clear path towards EBITDA before ESOP breakeven in Q4.

Paytm’s latest shareholding revealed a sharp rise in institutional confidence, with total institutional ownership rising 4 percent to 68 percent in Q3 2024-25.

This growth reflected the growing confidence in Paytm’s strong financial trajectory and leadership in India’s digital payments ecosystem.

Domestic mutual funds were key contributors to this growth, increasing their shareholding by 3.3 percent to 11.2 percent, showing sustained interest from domestic institutions.

Among the notable changes, Motilal Oswal Mutual Fund raised its stake to 2.1 percent, signaling its confidence in Paytm’s growth potential.

Although Mirae Asset trims its holdings slightly, it continues to hold a significant stake of 4.2 percent, confirming institutional confidence in the firm’s robust fundamentals.

In addition, Nippon Mutual Fund’s shareholding remained stable at 2 percent, further underscoring consistent support from domestic institutional investors.

Foreign portfolio investors (FPIs) further bolstered institutional ownership, with their equity holdings rising 0.7 percent during the quarter.

The number of FPIs holding Paytm shares grew by 20 units to reach a total of 237.

FPI increased their holding from 115 million to 119 million shares and registered a growth of 0.72 percent to 19 percent, further underscoring the global institutional interest in Paytm’s business model.

As highlighted by Bernstein, Paytm is leading the transition in India’s payments ecosystem from disruption to monetization.

The company’s innovative strategies, including unit-based monetization and its increasing focus on credit-driven payment solutions, position it well for sustainable profitability.

With a clear roadmap to EBITDA breakeven by Q4 2024-25 and strong institutional backing, Paytm continues to strengthen its leadership in India’s rapidly evolving fintech landscape. (ANI)

This report is automatically generated from ANI news service. ThePrint assumes no responsibility for its content.