Rocket Returns: This Madhusudhan Kela and Sunil Singhania-owned smallcap stock has rallied 45% since April QIP

August 27, 2024

Shilpa Medicare, held by Madhusudhan Kela and Sunil Singhania, has returned 45% since its QIP allotment four months ago. Singhania’s Abakkus Diversified Alpha Fund-2 received 6 lakh shares, while Kela’s Cohesion MK Best Ideas Sub-Trust was allotted 8.79 lakh shares.

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