Continuing on the deployment from our fund 1729 Capital, proud & privileged to come in as anchor investors in 2 IPOs opening tomorrow -HGS (India) & Maxwell Engineering Solutions
Betting on manufacturing theme from India for the world, both are niche plays
Onwards & Upwards ๐
Zaki Abbas Nasser made 3.4x fresh position and significantly increased in another ๐ฅ
Him Teknoforge: 3.5L shares (3.39%)
Rishabh Instruments: 10.45L shares (2.70%)
But only one stand-outs here ๐
Imagine detecting an object as small as a laptop from 750 km away!
That's what Data Patterns' bi-static radar is designed to do.
And its potential tracking range? A massive 6,000 km!
The kind of technology being developed by Indian defence companies is fascinating.
No reco.
Sunil Singhania's Abakkus Small Cap took โน16Cr in Anchor Book ๐ฅ
Vikas Khemani's Carnelian Bharat Amritkaal took โน20.5Cr in Anchor Book ๐ฅ
Can you guess the name?
Vikas Khemani & Sunil Singhania ๐ฅ
Not just Utpal Sheth - theyโve also joined the โน360 Cr anchor book of EAAA India Alternatives
Carnelian Bharat Amritkaal Fund
โน20.50 Cr at โน1,665/sh
Abakkus Small Cap Fund
โน16 Cr at โน1,665/sh
Notable participation from seasoned fund managers! ๐ฅ
Please don't download this if you want stock tips. If you want a plan, get the app. โน8,999 a yearPlease don't download this if you want stock tips. If you want a plan, get the app. โน8,999 a year.
Utpal Sheth - Via TRUST Multi Cap Fund ๐ฅ
Participated in Anchor Book of EAAA India Alternatives
At: โน1,665/sh
Shares: 30.03K
Investment: โน5 Crore
What EAAA Actually Does?
It runs the capital that banks won't touch:
Real Assets | 58% of fee-paying AUM:
1.73 GW Solar & 3.1 million sq ft of offices
1,835 Circuit-km of transmission lines
4,586 Lane-km of roads
Private Credit | 40% of fee-paying AUM:
190 Deals & 140 full exits
Some Key Catalysts:
Growing fee-paying AUM
Alternatives are still <4% of India's GDP
Dual Exposure - Infra cash flow + Private credit
Unicommerce, having MCAP of ~850 cr, have 100 cr in cash and doing ~45 cr annually in CFO without any major CAPEX insight, that's pretty good yield. Biased