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Madhusudan Kela-backed fund buys stake in IPO-bound Steamhouse India for Rs 40 crore
Ace investor Madhusudan Kela's funds, along with Niveshaay Sambhav Fund, have injected Rs 49.99 crore into Steamhouse India via a pre-IPO placement. This strategic investment positions these entities to hold nearly 3% of the company's pre-IPO equity. Steamhouse India, a Surat-based firm, operates a unique centralized steam supply model for industries and is preparing for its initial public offering.
Madhusudan Kela-backed firm picks stake in SME stock Yash Highvoltage via preferential issue
Yash Highvoltage shares surged after ace investor Madhusudan Kela's firm bought nearly 14,000 shares. The company's board approved a preferential issue of up to Rs 151 crore to fund expansion, including enhancing its Resin-Impregnated Paper bushing manufacturing to 550 kV. This strategic move aims to bolster its position in the extra-high-voltage transmission segment and cater to growing demand.
DLF sells The Dahlias apartment to Madhusudan Kela for Rs 121 crore
DLF has sold a luxury apartment in The Dahlias for Rs 120.71 crore. This transaction sets a new benchmark for Gurgaon's real estate market. The project is driving DLF's sales, with significant revenue potential. Other high-value transactions have also occurred in Gurgaon, surpassing prime Mumbai and Lutyens Delhi prices.
Madhusudan Kela-Backed Merritronix Files RHP for Rs 70.03 Crore BSE SME IPO - Dalal Street Investment Journal
Madhusudan Kela-Backed Merritronix Files RHP for Rs 70.03 Crore BSE SME IPODalal Street Investment Journal
How Ashish Kacholia, Mukul Agrawal, Madhu Kela, Dolly Khanna reshuffled portfolios amid Iran war?
Amid a sharp market sell-off triggered by Iran war tensions and rising oil prices, marquee investors like Ashish Kacholia, Mukul Agrawal, Madhusudan Kela, and Dolly Khanna actively reshuffled portfolios, cutting risks while selectively adding stocks, signalling a strategic response to volatility and long-term opportunity creation.
Madhusudan Kela picks beaten-down smallcap bets; buys Indiabulls, Simplex Infra in Q4
Ace investor Madhusudan Kela has bought stakes in Indiabulls Limited and Simplex Infrastructures Limited. These companies have seen recent underperformance. Kela's move signals a contrarian investment strategy. His portfolio includes other companies like Kopran and Bombay Dyeing. This selective accumulation in beaten-down stocks is a key highlight.
Is this smallcap stock Madhusudan Kela’s next big bet?
The veteran investor has bought a stake in Simplex Infrastructures as the company shows early signs of a turnaround.
Is this smallcap stock Madhusudan Kela’s next big bet? - Mint
Is this smallcap stock Madhusudan Kela’s next big bet?Mint
HEG Greentech demerger: Why Madhusudan Kela is betting ₹500 crore on this pivot
Steel is going green, and HEG sits at the center of this shift. As electric arc furnace capacity rises and energy storage expands, the company is betting on electrodes and clean-tech to power the transition.
Market overreacting to AI disruption; opportunities will expand with new technology: Ramesh Damani
Indian equity markets may be grappling with fresh volatility amid intensifying concerns around artificial intelligence, but seasoned investors believe the reaction has been overdone and that India’s long-term growth story remains firmly intact.Speaking in a panel discussion at News18’s Rising Bharat Summit, veteran market participant Ramesh Damani said recent market moves reflect anxiety over how AI could disrupt existing technology business models, rather than any deterioration in underlying economic fundamentals. Drawing parallels with earlier phases of technological change, Damani argued that innovation has historically expanded market opportunity rather than destroyed it.Echoing that view, Madhusudan Kela said AI-led disruption is real but should not be viewed as an existential threat to India’s growth trajectory. “Technology has never made societies poorer,” Kela said, while acknowledging that rapid change will inevitably create both winners and losers, even within the IT sector.Kela cautioned that short-term disruptions, particularly around employment and reskilling, cannot be ignored given the speed at which AI is evolving. However, he remained optimistic over the medium to long term, highlighting India’s skilled workforce and its potential to emerge as a global provider of AI solutions.Meanwhile, Vijay Kedia described the rise of highly valued global AI firms as a clear wake-up call for India, but not a reason for panic. He said companies can no longer afford to ignore AI, even as indiscriminate investment carries risks. “If you are not investing in AI, chances are you will lose your company. If you blindly invest in AI, chances are you will lose your capital,” Kedia said.