Paytm will declare bonus shares
One 97 Communication Limited-Paytm has informed that the company's board will consider the proposal to issue bonus shares along with June quarter results in a meeting to be held on July 20. However, this will be the first bonus issue after Paytm's stock market listing in 2021. Paytm had earlier completed an open market share buyback of Rs 850 crore in December 2022. After this, this could be the first major corporate action from the company. The entry of Paytm in the stock market took place in the year 2021. The company's IPO came at an issue price of Rs 2150 per share, but the stock was listed below this price. Later, the stock hit a record low of around Rs 300 amid concerns over regulatory challenges and profitability. However, the business and financial performance of the company has improved in recent times. But it is still being quoted at 50 percent below the IPO offer price. Investors at the time of IPO may get relief if Paytm offers one bonus share for one. According to the company's shareholding pattern, the share of domestic investors increased to 51.6 percent as of June 30, 2026, from 50.3 percent in the previous quarter. Paytm has retained its status as an Indian owned and controlled company for the second quarter in a row. The share of domestic institutional investors also increased to 24.9 percent from 23.1 percent in the previous quarter. The total share of mutual funds rose to 17.9 percent from 16.6 percent in the June quarter. The number of mutual funds investing in the company has also increased from 41 to 43. Goldman Sachs believes that growing market share in the payments business and strength in financial services can further support the company's growth. If Paytm maintains a consistent revenue growth of over 20 percent, the stock's valuation may see further improvement.
