Foreign portfolio investors (FPIs) have increased their stake in Paytm by nearly 2.5% or over 15 million shares in January-March, the company said on Tuesday. Currently, the shareholding of FPIs stands at 20.2%.
The shareholding of foreign direct investors fell to 60% as on March 31 from 66% a quarter ago. The shareholding of SVF India Holdings (Cayman), a SoftBank India entity, fell by 5% to 1.40% as on March 31.
Mutual funds have increased their stake by 1.17% to 6.15% in the March quarter, led by investment from Mirae Mutual Fund and Nippon India Mutual Fund. As a result, domestic institutional investors witnessed an increase in stake by 0.79% to 6.86%.
The shareholding of retail investors rose by 1.68% to 14.53% sequentially, while the share of non-resident Indians (NRIs) rose by 0.18% to 0.85%.