Business · Markets · 4 hrs ago
Goldman Sachs Sells 5.34 Million Eternal Shares in ₹168.7 Crore Deal
Goldman Sachs sold 5.34 million shares in Eternal for ₹168.7 crore in a block deal in India.
The investment bank sold them through Goldman Sachs Bank Europe SE at ₹316 a share, according to exchange data.
Bank of America bought the shares through its affiliate BofA Securities Europe.
The sale came after Eternal’s share price rose in recent months, as investors responded to stronger financial results.
Eternal runs Blinkit, a quick-commerce business that delivers goods rapidly and has been a key driver of the company’s growth.
Eternal reported ₹92 crore in net profit in the first quarter of FY27, up from ₹25 crore a year earlier, while revenue rose to ₹20,211 crore.
The deal is the second major block sale of Eternal shares in two months; no further action was specified.
Goldman Sachs sold 5.34 million Eternal shares in a block deal worth ₹168.7 crore.
Goldman Sachs Bank Europe SE sold the shares at ₹316 each, according to NSE data.
Bank of America affiliate BofA Securities Europe bought the shares for ₹168.7 crore.
The sale came as Eternal’s share price had risen and its financial performance improved.
- Who
- Goldman Sachs Bank Europe SE sold the shares. BofA Securities Europe bought them.
- What
- Goldman Sachs sold 5.34 million Eternal shares in a block deal worth ₹168.7 crore.
- When
- The article was published on October 15, 2026. The transaction date is not stated.
- Where
- Not stated.
- Why
- The sale was described as a move to book profits amid a recent rise in Eternal’s share price and improving financials.
This story does not have two clearly opposing sides.
BNP Paribas and Millennium Management together sold more than 9.9 crore Eternal shares for ₹3,264.8 crore.
Inc42 reported Goldman Sachs’ sale of 5.34 million Eternal shares in a ₹168.7 crore block deal.
- Shares sold
- 5.34 million
- Sale price
- ₹316 per share
- Deal value
- ₹168.7 crore
- Seller
- Goldman Sachs Bank Europe SE
- Buyer
- BofA Securities Europe