Brands
Paytm becomes Indian-owned firm as domestic shareholding crosses 50 per cent
Rising institutional and mutual fund stakes push One 97 into IOCC status
MUMBAI: One 97 Communications Limited, which operates the Paytm brand, has announced that it has become an Indian Owned and Controlled Company, following a rise in domestic shareholding.
According to the BSE filing, domestic investors now hold 50.3 per cent of the company’s equity share capital in Q4 FY26, establishing majority Indian ownership and control.
The shift has been driven by increased participation from institutional investors within India. Domestic institutional ownership rose to 23.1 per cent in the March quarter, up from 20.3 per cent in the previous quarter and 14.0 per cent a year earlier.
Indian mutual funds have also stepped up their exposure, holding 16.6 per cent of the company in Q4 FY26, compared to 14.3 per cent in the preceding quarter. As many as 41 mutual funds now have stakes in the company. Meanwhile, domestic insurance companies increased their combined shareholding to 5.1 per cent during the same period.
The company said the trend reflects growing confidence and participation from domestic capital markets, signalling a stronger local investor base.
With this milestone, Paytm joins the ranks of companies classified as Indian Owned and Controlled, a status that could have strategic and regulatory implications as the digital payments ecosystem continues to evolve.
