Igarashi Motors India Limited
Kotak Mutual Fund made a new entry into Igarashi Motors India with 9,64,000 shares, representing a 3.06% stake in the company. The position is valued at approximately ₹44.1 Cr, calculated at the last traded share price of ₹457.30 on July 18, 2026.
A specialized automotive components manufacturer engaged in producing permanent magnet DC motors for passenger vehicles in India. The company supplies motors to the automotive sector through both domestic channels and international exports, leveraging technical expertise developed through its joint venture heritage with Japanese and American partners. Igarashi Motors operates as a dedicated motor manufacturer with established capabilities in precision engineering and automotive applications.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.