Paytm and Urban Company lead as FIIs load up on a shrinking set of Indian stocks

ixigo owner Le Travenues Technology tops FII stakes

Despite a broader selloff, foreign institutional investors have doubled down on a select group of Indian companies, according to Q4 data. FIIs pulled out about $53 billion from Indian equities since late 2024, yet some stocks still drew heavy ownership. Le Travenues Technology, the parent of ixigo, led with 64.19% FII holding as of March 31, 2026. Urban Company and Paytm’s parent One 97 Communications also featured, alongside 360 One WAM, Redington, CarTrade Tech and others.