Oxbow bought 18,750 shares of One 97 Communications for ₹2.88 Cr at ₹1535.10 apiece in a block deal.
A leading digital payments and financial services platform in India, One 97 Communications operates an integrated ecosystem serving both consumers and merchants across the country. The company provides payment solutions, financial services, and commerce platforms through its core digital offerings. Its distinctive strength lies in connecting a vast network of users and merchants, enabling transactions and financial inclusion across India's digital economy through a comprehensive suite of services.
Oxbow Master Fund Ltd is a foreign portfolio investor that participates as an anchor investor in Indian SME IPOs and follow-on offerings.