3P India Equity Fund decreased its stake in Centum Electronics from 9.00% to 6.81%, selling 321,591 shares worth ₹119.34 Cr at ₹3711.40 apiece.
A leading Electronics System Design and Manufacturing company, Centum Electronics provides comprehensive design services and manufactures mission-critical systems and subsystems for defence, space, aerospace, industrial, transportation, and medical sectors. Founded in 1993, the company operates as a vertically integrated provider of electronics solutions across India's most demanding industries, offering end-to-end capabilities from concept to production.
Launched May 2023 by 3P Investment Managers, managing around Rs 16,269 cr by January 2026, making it one of the fastest-scaling India equity AIFs ever. Managed by Prashant Jain, who ran HDFC Mutual Fund as CIO for 18 years (2004 to 2022) and is among India's most-followed long-only managers. Mohnish Pabrai is an anchor investor.
