Paytm’s latest shareholding report for Q3 FY2025 shows a significant 4% increase in institutional ownership, taking its total shareholding to 68%. This growth underscores increasing confidence among domestic and global institutional investors in the company’s strong performance and future potential.

Contributing to this increase were foreign portfolio investors (FPIs), whose shareholdings increased by 0.7% from 115 million to 119 million shares, an increase of 0.72%. The number of FPIs holding Paytm shares also increased by 20 companies to 237, highlighting the continued global interest in Paytm’s innovative and scalable business model.

Domestically, mutual funds were the key drivers of institutional growth, increasing their holdings by 3.3% to 11.2%. Motilal Oswal Mutual Fund increased its stake to 2.1%, signaling strong confidence in Paytm’s ability to deliver consistent growth. Nippon Mutual Fund maintained a stable position with a 2% stake, while Mirae Asset, despite a slight reduction, continued to hold a significant 4.2% stake. These changes reflect continued confidence in the company’s robust fundamentals.

Bernstein’s analysis highlights Paytm’s ongoing transition from disruption to monetization in the Indian payments ecosystem. With strategies such as device-based monetization and credit-driven payment solutions, the company is on track to reach breakeven in pre-ESOP EBITDA by the fourth quarter of fiscal 2025.

The growing institutional support underscores Paytm’s ability to adapt and innovate in India’s rapidly evolving fintech space. This upward trend in ownership reinforces investor confidence in the company’s ability to deliver long-term sustainable value.