Retail Investors Have Doubled Stake in Paytm

By boosting the shareholding from 3.49 percent to 7.72 percent in the fintech company, the retail investors have more than doubled their stake in Paytm shares during January to March 2022 quarter. Canada Pension Plan Investment Board (CPPIB) too expanded its holding in Paytm from 1.57 percent to 1.71 percent in the recently ended March 2022 quarter.

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However, in Q4FY22, FIIs shortened their stake in the company from 9.36 percent to 4.42 percent. To reduce this FIIs ‘net selling’ tendency, some leading mutual funds like SBI Mutual Fund, LIC Mutual Fund, etc. have bought a stake in Paytm in April 2022.

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Paytm shareholding pattern for Q4FY22

The shareholding pattern of Paytm for Q4 FY2021-22 reports that the retail investors retain a 7.72 percent stake in Paytm whereas in October to December 2021 quarter, retail investors used to hold a 3.49 percent stake in the fintech company. Canada Pension Plan Investment Board also raises its stake in Paytm.

However, FIIs persist to deliver lesser confidence in Paytm shares in the recently ended quarter. As per the shareholding pattern of Paytm for Q4FY22, FII’s shareholding in Paytm has more than halved in March 2022 quarter. FIIs now holds 4.42 percent in March 2022 quarter resembled a 9.36 percent stake held by them in December 2021 quarter.
But, in April 2022, some top mutual funds houses have bought stakes in Paytm.

In April, leading mutual fund houses that bought One97 Communications shares include LIC Mutual Fund, SBI Mutual Fund, ICICI Prudential MF, IDBI Mutual Fund, IDFC Mutual Fund, DSP BlackRock MF, Edelweiss MF, Nippon India MF, UTI Mutual Fund, and L&T Mutual Fund.

Anupama Das

An active reader and follower of news. A budding journalist tries to spread authentic news to people.

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