Ace investor Ashish Kacholia has reduced his holdings in three smallcap counters in the March ended quarter viz Aditya Vision, Safari Industries (India) and Universal Autofoundry. Kacholia trimmed his stake in Aditya Vision by 12 bps to 1.87 at the end of the January-March quarter versus 1.99% at the close of the December quarter. Aditya … Read more
Continuing the positive trend seen on the first day, the SME IPOs of TAC Infosec and Radiowalla Network, backed by marquee investors Vijay Kedia and Ashish Kacholia, respectively, were subscribed over 10 times on the second day of the bidding process. Here’s a look at all the details: TAC Infosec IPO The IPO of TAC … Read more
Smallcap czar Ashish Kacholia has made a killing in the “madcap” rally of FY24 to earn multibagger returns in at least nine of his stock holdings. Out of the 45 stocks in his Rs 3,000-crore portfolio, the data of which is available publicly, at least 39 counters have delivered double-digit returns so far in the … Read more
Ace investor Ashish Kacholia has raised his stake in smallcap Faze Three, while slashing his holdings in Safari Industries and SJS Enterprises. Kacholia increased his stake to 5.4% in Faze Three in the quarter ended September 2023 from 5.23% at the end of the June quarter, according to the public shareholding data available on BSE. … Read more
Marquee investor Ashish Kacholia sold part of his stake in aesthetic solutions provider SJS Enterprises for Rs 11.6 crore through the open market on Friday. Kacholia sold 1,80,489 shares of the company, or 0.6% stake, at Rs 640.01 apiece, bulk deals data on the National Stock Exchange showed. He sold the shares at a premium … Read more
The initial public offering (IPO) of Mumbai-based Aeroflex Industries, backed by marquee investor Ashish Kacholia, will open on August 21 and close on 23. The allocation to anchor investors will be finalized on August 18. The company filed preliminary IPO papers with the regulator in March and secured regulatory approval for the same earlier this … Read more
Mumbai-based Aeroflex Industries has received approval from the market regulator for its Rs 350 crore Initial Public Offering (IPO). The company has secured a final observation from the Securities and Exchange Board of India (Sebi), which equates to approval. Aeroflex filed its preliminary IPO papers with the regulator in March of this year. Prior to … Read more
Ace investor Ashish Kacholia added Venus Pipes & Tubes to his portfolio in the quarter ended June while paring stake in seven other stocks, including D-Link (India), Likhitha Infrastructure, Shaily Engineering Plastics and United Drilling Tools. Kacholia’s 1.97% stake purchase in Venus Pipes comes on the back of a strong rally in the stock with … Read more
Ace investor Ashish Kacholia has added two smallcap multibagger stocks to his portfolio during the June quarter. According to Trendlyne data, Kacholia picked up a 1.6% stake in Ugro Capital and 1.2% in SG Finserve, both companies in which he hasn’t had any holding previously. UGRO Capital is a data tech lending platform that uses … Read more
Ace investor Ashish Kacholia has picked up a 1% stake in smallcap company during the quarter ended December 2022. Kacholia is now the third big investor to have picked a stake in the studded jewellery maker. Other two market veterans — Ramesh Damani and Mukul Mahavir Agrawal — are already among its key public shareholders. … Read more