Mamata Machinery Limited
Ajay Upadhyaya increased his stake in Mamata Machinery Limited from 1.85% to 2.03% by purchasing 45,000 shares, bringing his total to 500,000 shares, worth ₹19.04 Cr at a share price of ₹380.75.
A manufacturer of industrial packaging and plastic processing machinery established in 1989, the company designs and produces bag packing machines, packing equipment, plastic extrusion systems, and associated components for diverse applications. Its offerings serve industries requiring automated packaging solutions and plastic processing technology. The company operates as a specialized machinery supplier in India's industrial equipment sector, focusing on engineering solutions for production efficiency.
Co-founded Edubrite Systems, a SaaS learning platform that LinkedIn acquired in 2022, then redeployed the proceeds into Indian equities. BITS Pilani and Jamnalal Bajaj alumnus. Grew his disclosed portfolio from ₹45 Cr (2015) to ₹850+ Cr (2025), heavily concentrated in capital goods, infrastructure, and electricals: Kirloskar Electric, DCX Systems. He spotted India's infrastructure capex cycle early and bet big. A founder who knows how to compound.