FPIs, mutual funds increase stake in Paytm

| | New Delhi
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FPIs, mutual funds increase stake in Paytm

Thursday, 21 July 2022 | PTI | New Delhi

Foreign portfolio investors and mutual funds have marginally increased stake in Paytm's parent company One97 Communications, according to a regulatory filing.

The shareholding pattern of One97 Communications for June quarter 2022-23 shows that the number of shareholders as foreign portfolio investors (FPIs) rose from 54 to 83, taking the number of shares held by them to 3,53,72,428 from 2,86,80,948 in the previous March quarter.

With this, the shareholding of FPIs in the company has gone up from 4.42 per cent to 5.45 per cent.

The number of shareholders as mutual funds also went up from just 3 to 19.      

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