Paytm share price: Retail investors, Canada Pension Plan raise stake in Q4

  • In Q4FY22, retail investors have more than doubled their holding in Paytm

Edited By Asit Manohar
Updated22 Apr 2022, 11:29 AM IST
Trade Now
In April, top mutual fund houses that bought One97 Communications shares include SBI Mutual Fund, ICICI Prudential MF, LIC Mutual Fund, IDBI Mutual Fund, IDFC Mutual Fund, DSP BlackRock MF, Edelweiss MF, L&T Mutual Fund, Nippon India MF and UTI Mutual Fund.
In April, top mutual fund houses that bought One97 Communications shares include SBI Mutual Fund, ICICI Prudential MF, LIC Mutual Fund, IDBI Mutual Fund, IDFC Mutual Fund, DSP BlackRock MF, Edelweiss MF, L&T Mutual Fund, Nippon India MF and UTI Mutual Fund.(MINT_PRINT)

Retail investors have more than doubled their stake in Paytm shares by raising their shareholding from 3.49 per cent to 7.72 per cent in the fintech company during January to March 2022 quarter. Canada Pension Plan Investment Board (CPPIB) too raised its holding in Paytm from 1.57 per cent to 1.71 per cent in recently ended March 2022 quarter. However, FIIs trimmed their stake in the company from 9.36 per cent to 4.42 per cent in Q4FY22. To pare this FIIs 'net selling' trend, some top mutual funds like SBI Mutual Fund, LIC Mutual Fund, etc. have bought stake in Paytm in April 2022.

Paytm shareholding pattern for Q4FY22

According to shareholding pattern of Paytm or One97 Communications for Q4 FY2021-22, retail investors hold 7.72 per cent stake in Paytm whereas in October to December 2021 quarter, retail investors used to hold 3.49 per cent stake in the fintech company. So, in Q4FY22, retail investors have more than doubled their holding in Paytm.

Canada Pension Plan Investment Board raises stake in Paytm

Like retail investors, pension fund Canada Pension Plan Investment Board (CPPIB) has also raised its stake in Paytm during Q4FY22. In shareholding pattern of the company for last quarter of recently ended financial year, CPPIB holds 1.71 per cent stake in the company whereas in shareholding pattern of Paytm for October to December 2021, it used to hold 1.57 per cent stake in the company. So, in January to March 2022 quarter, the pension fund bought fresh shares of the company, which is to the tune of 0.14 per cent of total paid-up capital of the company.

FIIs still not interested

However, FIIs continue to show lesser faith in Paytm shares in recently ended quarter. As per the shareholding pattern of Paytm for Q4FY22, FIIs shareholding in Paytm has more than halved in March 2022 quarter. FIIs now hold 4.42 per cent in March 2022 quarter compared to 9.36 per cent stake held by them in December 2021 quarter.

Mutual funds showing interest in Paytm

But, in April 2022, some top mutual funds houses have bought stake in Paytm. In April, top mutual fund houses that bought One97 Communications shares include SBI Mutual Fund, ICICI Prudential MF, LIC Mutual Fund, IDBI Mutual Fund, IDFC Mutual Fund, DSP BlackRock MF, Edelweiss MF, L&T Mutual Fund, Nippon India MF and UTI Mutual Fund.

Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:22 Apr 2022, 11:29 AM IST
Business NewsMarketsStock MarketsPaytm share price: Retail investors, Canada Pension Plan raise stake in Q4

Most Active Stocks

Bandhan Bank share price

211.00
03:51 PM | 11 OCT 2024
23.25 (12.38%)

Tata Steel share price

160.70
03:51 PM | 11 OCT 2024
1.05 (0.66%)

Axis Bank share price

1,174.25
03:29 PM | 11 OCT 2024
-9.5 (-0.8%)

Zee Entertainment Enterprises share price

130.10
03:55 PM | 11 OCT 2024
0.7 (0.54%)
More Active Stocks

Market Snapshot

  • Top Gainers
  • Top Losers
  • 52 Week High

Cummins India share price

3,611.75
03:55 PM | 11 OCT 2024
-169.6 (-4.49%)

Star Health and Allied Insurance share price

547.85
03:59 PM | 11 OCT 2024
-19.35 (-3.41%)

Creditaccess Grameen share price

1,081.40
03:29 PM | 11 OCT 2024
-38 (-3.39%)

Jubilant Pharmova share price

1,146.15
03:55 PM | 11 OCT 2024
-37.65 (-3.18%)
More from Top Losers

Nippon Life share price

700.85
03:53 PM | 11 OCT 2024
59.15 (9.22%)

Network 18 Media & Investments share price

81.44
03:52 PM | 11 OCT 2024
5.16 (6.76%)

Sonata Software share price

608.50
03:42 PM | 11 OCT 2024
36.1 (6.31%)

Triveni Turbines share price

790.10
03:29 PM | 11 OCT 2024
45.85 (6.16%)
More from Top Gainers

Recommended For You

    More Recommendations

    Gold Prices

    • 24K
    • 22K
    Bangalore
    77,425.00780.00
    Chennai
    77,431.00780.00
    Delhi
    77,583.00780.00
    Kolkata
    77,435.00780.00

    Fuel Price

    • Petrol
    • Diesel
    Bangalore
    102.86/L0.00
    Chennai
    100.76/L0.00
    Kolkata
    104.95/L0.00
    New Delhi
    94.72/L0.00

    Popular in Markets

      HomeMarketsPremiumInstant LoanMint Shorts