Paytm Block Deal: Existing PE funds likely sellers in over ₹1,600 crore potential transaction

At the end of the September quarter, Saif III Mauritius had a 10.76% stake in Paytm, while Saif Partners India IV Ltd. had a 4.57% stake in the company.

At the end of the September quarter, Saif III Mauritius had a 10.76% stake in Paytm, while Saif Partners India IV Ltd. had a 4.57% stake in the company.

Sellers will have a lock-in on sale of further shares for the next 12 months.

The ₹828-crore IPO was open for subscription from November 13-17.

Morgan Stanley said that Eternal’s shares currently have the best risk-reward and that it would use the current weakness to accumulate the stock.

Mphasis promoter Blackstone is likely to sell up to 9.5% of the company’s total equity through block deals in today’s session. The floor price is pegged at ₹2,570 per share, a 4.4% discount to Monday’s closing price.

Against this backdrop, 12 Nifty constituents recorded upgrades of more than 3% in their FY26 earnings-per-share estimates, while 10 companies saw cuts of over 3% in their projections.

Sensex Today | Stock Market LIVE Updates:The Nifty closed above the 26,000 mark on Monday, but sustaining the same will be the key for the bulls, who would be pleased that the index closed at the day’s high. Indian equities…

At the upper end of the price band, PhysicsWallah’s post-issue market capitalisation is estimated at ₹31,169 crore.

At its peak, the bond attracted about $80 billion in demand before orders were cut in half as borrowing costs fell during the sale process, said the people, who asked not to be identified discussing private details.

In other corners of the market, gold edged lower and oil steadied as investors weighed the impact from an emerging surplus against US sanctions on Russia that have upended some crude flows. An index of the dollar held its gains…