{"id":13228,"date":"2025-08-06T18:01:47","date_gmt":"2025-08-06T12:31:47","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=13228"},"modified":"2025-08-06T18:01:47","modified_gmt":"2025-08-06T12:31:47","slug":"antfin-sells-stake-eternal-zomato-rs-5375-cr-block-deal","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/antfin-sells-stake-eternal-zomato-rs-5375-cr-block-deal\/","title":{"rendered":"Antfin Plans \u20b95,375 Cr Stake Sale in Eternal Ltd, Zomato’s Parent Company"},"content":{"rendered":"

In a major development for India\u2019s tech and delivery space, Alibaba-backed Antfin Singapore Holding Pte Ltd is likely to exit its entire stake in Eternal Ltd, the parent company of food delivery giant Zomato.<\/p>\n

According to a CNBC-Awaaz report citing sources, Antfin will offload 18.84 crore shares of Eternal Ltd via a block deal, with a total deal size estimated at \u20b95,375 crore.<\/p>\n

Floor Price Set at \u20b9285 per Share<\/h3>\n

The report highlights that the floor price for the block deal has been fixed at \u20b9285 per share, which is about 5% lower than Zomato\u2019s current market price. This discount suggests a strategic pricing move, potentially to attract institutional buyers and ensure swift completion of the transaction.<\/p>\n

\n

\u201cThe deal marks Antfin\u2019s full exit from Eternal Ltd, where it held a 1.95% stake as of June 2025,\u201d as per exchange data.<\/p>\n

Also Read: DLF Commits \u20b910,000 Crore Capex to Fuel Rental Business Growth<\/a><\/p>\n<\/blockquote>\n

Morgan Stanley Likely to Broker the Transaction<\/h3>\n

Leading global financial services firm Morgan Stanley is expected to act as the broker for this block deal, adding further credibility and structure to the transaction. The execution of this high-value deal is likely to be monitored closely by both domestic and international investors.<\/p>\n

What It Means for Zomato and the Market<\/h3>\n

While the sale represents a complete exit for Antfin, it could open up opportunities for new institutional or strategic investors to take a position in the parent of Zomato. It also reflects a broader trend of early backers in Indian tech startups unlocking value through stake sales as companies mature post-listing.<\/p>\n

Given the size of the deal and the discount involved, market participants will be keen to see how the stock reacts once the deal goes through.<\/p>\n","protected":false},"excerpt":{"rendered":"

In a major development for India\u2019s tech and delivery space, Alibaba-backed Antfin Singapore Holding Pte Ltd is likely to exit its entire stake in Eternal Ltd, the parent company of food delivery giant Zomato. According to a CNBC-Awaaz report citing sources, Antfin will offload 18.84 crore shares of Eternal Ltd via a block deal, with […]<\/p>\n","protected":false},"author":7,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[],"ppma_author":[1384],"class_list":{"0":"post-13228","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stock-market-news"}," _eael_post_view_count":0,"authors":[{"term_id":1384,"user_id":7,"is_guest":0,"slug":"jitesh-kanwariya","display_name":"Jitesh Kanwariya","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/08\/Jitesh-Kanwriya.jpeg","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/08\/Jitesh-Kanwriya.jpeg"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/13228","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=13228"}],"version-history":[{"count":1,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/13228\/revisions"}],"predecessor-version":[{"id":13230,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/13228\/revisions\/13230"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/13229"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=13228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=13228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=13228"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=13228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}