Goldman Sachs, Marshall Wace Offload Paytm Shares Worth INR 208 Cr

Goldman Sachs (Singapore) PTE sold 4.42 Lakh shares of Paytm at INR 415.1 apiece, translating to a deal size of about INR 183 Cr

Marshall Wace Investment Strategies – Eureka Fund sold 5.85 Lakh shares of Paytm for INR 425.05 in a block deal

The shares sold by Marshall Wace, which also offloaded similar number of Paytm shares last week, were lapped up by BNP Paribas

Goldman Sachs and Marshall Wace together offloaded Paytm shares worth INR 208.35 Cr via bulk and block deals on Tuesday (June 18).

As per the information available with the exchanges, Goldman Sachs (Singapore) PTE sold 4.42 Lakh shares of Paytm at INR 415.1 apiece. This translates to a deal size of about INR 183 Cr.

As per Paytm’s shareholding pattern for the March quarter of 2024, Goldman Sachs (Singapore) PTE held 1.32% stake, or 84.01 Lakh equity shares, in the company. 

Meanwhile, Marshall Wace Investment Strategies – Eureka Fund sold 5.85 Lakh shares of Paytm for INR 425.05 in a block deal. This translates to a deal size of about INR 25 Cr.

The shares sold by Marshall Wace were lapped up by BNP Paribas.

It is pertinent to note that Marshall Wace also sold 5.85 Lakh shares of Paytm last week.

(The story will be updated soon.)