New Delhi, May 13 -- One97 Communications, parent company of Paytm, share price fell over 3 per cent in early trades in Tuesday's session amid reports of Ant Financial, the fintech arm of Alibaba Group, planning to offload shares worth around Rs.2,200 crore in Paytm's parent company through block deals today.

At 9:20 am, Paytm share price was trading at Rs.839.70 apiece on May 13, as compared to previous close at Rs.866.05 on Monday.

The shares are expected to be offered at a minimum price of Rs.809.7 each, which is approximately 6.4 per cent lower than Paytm's closing price of Rs.866 on Monday. Ant Financial, which currently holds a 9.85% stake in Paytm, is likely to sell about 4% of its shareholding through this deal.

As per exchange...