RMS Growth Fund

SEBI Registered CAT-II AIF focused on investing opportunities in governance led companies with clear growth visiblity at pre-IPO/IPO stage

[RMS Growth Fund @RMSGrowth]

On the road already.

Figuring out the next opportunity. :)

#Hustle

[RMS Growth Fund @RMSGrowth]

Many congratulations to Amarnath ji and all of @Merritronix team for listing today.

Hopefully this is the start of a long journey. Thankful to come in as Anchor investors thru our fund.

P.s. - Great fun to know of IIT Madras stories and insti name of @rohiitian. 😅

[RMS Growth Fund @RMSGrowth]

Excited to back #Merritronics as an anchor investor in the company's public market debut.

While the sector is something which pulled us in, Amarnath ji's passion and vision for this space had us sold.

#Day1 #OnwardsAndUpwards 🚀🚀

[RMS Growth Fund @RMSGrowth]

Excited to back #Merritronics as an anchor investor in the company's public market debut.

While the sector is something which pulled us in, Amarnath ji's passion and vision for this space had us sold.

#Day1 #OnwardsAndUpwards 🚀🚀

[RMS Growth Fund @RMSGrowth]

Results done for FY26 for all our PF companies.

Hopefully FY26 is a launchpad for strong FY27 for most of them.

Onwards and upwards 🚀🚀

[RMS Growth Fund @RMSGrowth]

Strong set of results by #KVToys with 40% consol revenue growth from 125 cr in FY25 to 175 cr in FY26.

Margins protected at 5%.

Recently, Calliope Capital Advisors linked with Motilal group, has built a significant position in the company.

Onwards and upwards 🚀

#Invested

[RMS Growth Fund @RMSGrowth]

Super excited to be associated with #KVToys as anchor investor while the company goes public

As Naval said this morning, the secret to investing is to invest in unstoppable people building inevitable things

Time for 'make in India' toys is now
Time for KV is now :)

Thanks #GYR

[RMS Growth Fund @RMSGrowth]

@bansalabhishek5 just did a DCF on LT taking into account current results.

Check out here -

https://t.co/SpM9KcchjT

[Abhishek Bansal @bansalabhishek5]

LT Elevator Discounted Cash Flow Valuation Thesis.

While I had done an extensive business review of LT Elevator on IPO, sharing a detailed valuation thesis, post the FY26 Results.

Anyone keen to read in depth the thesis can refer to my previous thread shared in the link below.

Disclaimer: The estimated fair value is my subjective price, based on certain assumptions & estimates; this is not to be considered as a buy/sell recommendation.

This post is purely meant as an educational post; please do your own due diligence before investing.

https://t.co/6KCzheo2dC

#LTElevator #LTElevators

[RMS Growth Fund @RMSGrowth]

1st result of the season in our portfolio - #LTElevators hits it out of the park.

97% revenue & 90% PAT growth YOY.

Just getting started with Ricardo story waiting to unfold in FY27

P.s. - Exciting inorganic news on carpark size as well

Let'ssss go! #Day1
#Invested&Biased

[RMS Growth Fund @RMSGrowth]

LT Elevators - stellar results and now foray into B2C home elevator segment.

In-house design + Engineering led elevator & multi level car parking business being built from kolkatta for the country.

Disclaimer - RMS Growth Fund has invested in the anchor round of the fund raise

[RMS Growth Fund @RMSGrowth]

RMS 🤝Afcom QIP

[Rohit Ramasubramanian @rohiitian]

Congrats Afcom team, and Mohit & Gyr team for pulling off a record QIP!

Having held the stock from day 1, life's come full circle with @RMSGrowth putting a small cheque by value, but significant to us nonetheless. Fortunate to be part of such an illustrious list

@manishlalwani9

[RMS Growth Fund @RMSGrowth]

Feels like forever since we started with Hello. 5 months of hardwork.

Glad to work with Apsis Aerocom in its journey to public markets. Congrats to promoters and LM!

High capabilities. Capable promoters.

#Day1 Today

[RMS Growth Fund @RMSGrowth]

Excited and pumped to back #ApsisAerocom as an anchor investor in its public market debut.

Always wanted an allocation in aerospace. Glad it's starting with a company which manufactures flight critical components for defence aviation. :)

[RMS Growth Fund @RMSGrowth]

Excited and pumped to back #ApsisAerocom as an anchor investor in its public market debut.

Always wanted an allocation in aerospace. Glad it's starting with a company which manufactures flight critical components for defence aviation. :)

[RMS Growth Fund @RMSGrowth]

Our partner @rohiitian's view on current quarter results in SME segment.

Fundamentals keep improving as we wait for liquidity to come back.

[Rohit Ramasubramanian @rohiitian]

~80 SMEs voluntarily published Q3 nos, here's a look at how they did

Overall YoY nos are fantastic - weighted avg Sales were up 67% & PAT up 96%!🔥Median growth was 37% and 57% respectively, so quite broad based

QoQ was still strong with 16% and 13% growth respectively

1/n

[RMS Growth Fund @RMSGrowth]

Our first anchor investment, #LTElevator going strength from strength as it acquires a 6 cr + monthly run rate B2C business.
Thread below has details.

With all moving items in place, all eyes on execution
#Onwards&Upwards #Day1

P.s. - RMS is invested. Not an investment advice!

[Pulse Of Profit @PULSEOFPROFIT10]

🏗️ LT Elevators x Ricardo Elevators: A Strategic Lift-Off 🚀

LT Elevators just acquired Ricardo Elevators—and it’s more than just an expansion move.

This is about capturing a premium D2C opportunity in India’s booming home elevator market.

🔑 Why it Matters:

✅ ₹289 Cr combined order book (₹244 Cr + ₹45 Cr from Ricardo)
✅ ~₹6 Cr monthly bookings with 2,000+ leads/month
✅ 18+ physical experience centres across metros
✅ Strong D2C engine powered by digital discovery (Meta, Insta, Google)
✅ 90% of orders executable in the next 18 months

🔧 Synergies at Play:
Ricardo brings premium branding & omnichannel presence
LT adds engineering, manufacturing, and pan-India distribution muscle
Together: enhanced pricing power, economies of scale, and quality assurance

🔩 Capacity scale-up in progress:
New integrated facility under construction
5x larger than existing setup
Capex go-live by Q4 FY27

🎯 Goal: 15% market share in India’s home elevator market by 2030

This acquisition is strategically accretive from Day 1 boosting growth, margins, and execution certainty.

@manishlalwani9 @RMSGrowth @rohiitian

[RMS Growth Fund @RMSGrowth]

Grateful for 2025. The year when it all began.

Here's hoping a joyous, peaceful and successful 2026 to all. 🥂 Have a good one.

Onwards and upwards for the fund. Striving to make meaningful alpha 🚀🚀🚀

@rohiitian @manishlalwani9 @Soumil_IITB

[RMS Growth Fund @RMSGrowth]

#KVToys for us is a play on the strong policy tailwinds in the toy industry with ongoing crackdown on non compliant toy imports

One such example from DRI website where 6.5 cr worth of non BIS certified toys were seized

P.s - RMS growth fund has invested in company as an anchor

[RMS Growth Fund @RMSGrowth]

As #KVToys goes public today, we are proud to back Karan ji in his vision of substituting chinese import toys & building a brand.

We were sold at - 'Good quality at right price with constant variation and aflatoon distribution' is the DNA & key to success of KVToys!

#Day1Today

[RMS Growth Fund @RMSGrowth]

As #KVToys goes public today, we are proud to back Karan ji in his vision of substituting chinese import toys & building a brand.

We were sold at - 'Good quality at right price with constant variation and aflatoon distribution' is the DNA & key to success of KVToys!

#Day1Today

[RMS Growth Fund @RMSGrowth]

Super excited to be associated with #KVToys as anchor investor while the company goes public

As Naval said this morning, the secret to investing is to invest in unstoppable people building inevitable things

Time for 'make in India' toys is now
Time for KV is now :)

Thanks #GYR

[RMS Growth Fund @RMSGrowth]

Super excited to be associated with #KVToys as anchor investor while the company goes public

As Naval said this morning, the secret to investing is to invest in unstoppable people building inevitable things

Time for 'make in India' toys is now
Time for KV is now :)

Thanks #GYR

[RMS Growth Fund @RMSGrowth]

When boss says something, we listen...

Something cooking! 😎

[Naval @naval]

The secret to investing is to invest in unstoppable people building inevitable things.

[RMS Growth Fund @RMSGrowth]

#Truecolors moves up the value chain by strategic merger with Inkia Inks to backward integrate ink manufacturing.

H1 FY'26 revenue of 10.75 cr so, approximately 20 Cr + growth added to topline once merger gets complete and more importantly, makes them OEM grade ink manufacturers

[RMS Growth Fund @RMSGrowth]

True Colors - stellar results and now distribution agreement with ITACA, Spain.

True digital textile manufacturing powerhouse (machines + ancillaries) being built from Surat for the country.

Disclaimer - RMS Growth fund has invested in the anchor round of the fund raise.

[RMS Growth Fund @RMSGrowth]

Always good to get a sense check of markets and our thesis from fellow capital market participants and enthusiasts.

Attended the 8th PMS & AIF Summit in Mumbai :)

[RMS Growth Fund @RMSGrowth]

Overwhelmed with all the love coming our way for our anchor picks of September.

Thankyou. Couldn't have imagined!

While we will make mistakes, they would be honest and we hope we keep learning from them.

also Beginners luck is real, we guess! :)