Safari Industries (India) Limited
Bajaj Finserv Mutual Fund took a new position in Safari Industries (India) with 5,81,232 shares, representing a 1.19% stake. The investment is valued at ₹95.34 crore based on the share price of ₹1640.50.
A manufacturer and trader of luggage and luggage accessories, Safari Industries produces hard luggage from polypropylene and polycarbonate through in-house manufacturing at its facility in Halol, Gujarat. The company also trades soft luggage made from various fabric materials. Its diverse product portfolio spans both hard and soft luggage categories designed for consumer travel and storage needs across multiple market segments.
AMC subsidiary of Bajaj Finserv, India's leading non-banking financial services conglomerate. Launched in 2023 with an aggressive passive-first strategy, offering index funds and ETFs at competitive expense ratios to challenge incumbents in the rapidly growing passive segment. One of the fastest-growing new entrants in the AMC space with strong distribution from Bajaj Finserv's vast financial services network.