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Paytm investors Saif and Elevation target ₹2,002 crore block sale
Paytm investors Saif Partners and Elevation Capital plan to sell up to 1.49 crore shares, or 2.3% of the company, through a Rs 2,002.10 crore block deal at a floor price of Rs 1,339.65 per share.
Reported figures
From the report. Source details below
| 5% discount to previous closing price of | Rs 1,410 |
|---|---|
| Saif Partners India IV stake: | 2.32 crore shares (3.63%) |
| Saif III Mauritius stake: | 5.47 crore shares (8.55%) |
| May sale: | 56,22,613 shares at Rs 1,120.65 each |
Other figures
- 60-day lock-up period
The source
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