Neomile Growth Fund decreased its stake in BMW Ventures Limited from 1.27% to 1.10% by selling 1,49,734 shares. The value of the remaining stake is ₹5.57 Cr at a share price of ₹58.57.
A diversified trading and manufacturing company primarily engaged in the distribution of steel products and tractor engines alongside spare parts trading operations. The company manufactures PVC pipes through roll forming processes and fabricates pre-engineered buildings and steel girders for industrial and commercial applications. BMW Ventures operates across multiple segments within the metals and materials sector in India.
Neomile Growth Fund is a Mumbai-based Category III alternative investment fund managed by NeoMile Capital, investing in a concentrated portfolio of small and mid-cap listed Indian companies.