Goldman Sachs Sells Rs 168.67 Cr Eternal Shares to BofA
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Khushi Jain
- October 16, 2026
Goldman Sachs has sold 53.37 lakh shares of Eternal, the parent company of Zomato and Blinkit, for Rs 168.67 crore through a block deal. BofA Securities purchased the same number of shares on October 15.
According to exchange data, Goldman Sachs sold 53,37,584 shares at Rs 316 per share. BofA Securities acquired the shares at the same price. The transaction represented around 0.05% of Eternal’s paid-up equity.
The deal comes weeks after large investors sold nearly Rs 3,265 crore worth of Eternal shares through bulk deals on August 31. BNP Paribas Financial Markets sold 5.09 crore shares worth Rs 1,670.86 crore, while Integrated Core Strategies (Asia), an affiliate of Millennium Management, sold 4.86 crore shares for Rs 1,593.96 crore.
Eternal’s Financial Performance
Eternal reported revenue from operations of Rs 20,211 crore in Q1 FY27, compared with Rs 7,167 crore in the year-ago period. Its net profit increased to Rs 92 crore from Rs 25 crore a year earlier. However, profit declined from Rs 174 crore in the March quarter.
For FY26, Eternal’s revenue from operations rose to Rs 54,364 crore from Rs 20,243 crore in FY25. Its net profit, however, declined to Rs 366 crore from Rs 527 crore in the previous financial year.
Eternal’s Business and Market Position
Eternal operates Zomato’s food delivery business and Blinkit, its quick commerce platform. Blinkit competes with Swiggy Instamart and Zepto in India’s quick commerce market, where companies are expanding their store networks to improve delivery capacity.
Eternal shares were trading at Rs 323.6 as of 09:37 AM, with a total market capitalisation of Rs 3,11,947 crore.
FAQs
1. How many Eternal shares did Goldman Sachs sell?
Goldman Sachs sold 53,37,584 shares of Eternal through a block deal.
2. Who purchased the shares from Goldman Sachs?
BofA Securities purchased the shares at Rs 316 per share.
3. What was the value of the block deal?
The transaction was valued at Rs 168.67 crore.
4. What was Eternal’s revenue from operations in Q1 FY27?
Eternal reported revenue from operations of Rs 20,211 crore in Q1 FY27, compared with Rs 7,167 crore in the year-ago period.
5. Which businesses does Eternal operate?
Eternal operates Zomato’s food delivery business and Blinkit, its quick commerce platform.
