Govindlal M Parikh bought 1,60,326 shares of Khadim India Limited for ₹1.63 Cr at ₹101.80 apiece in a bulk deal.
A vertically integrated footwear manufacturer and retailer, Khadim India designs, produces, and sells shoes and accessories across the country. Established in 1981, the company operates through its own retail network and wholesale distribution channels, serving diverse customer segments with both branded and non-branded footwear products. Its integrated business model spans manufacturing facilities and retail outlets, enabling direct control over product quality and market distribution.
A chemical engineer turned Dalal Street legend. Govindlal Parikh has been investing in Indian equities for several decades following a strict value discipline: buy low, never average up, hold for the long term. His concentrated positions in Sundram Fasteners, TVS Holdings, EID Parry, Ramco Cements, and Ramco Industries have compounded through multiple market cycles. Disclosed portfolio: ~$122 million. His '7 Lessons' series on Alpha Ideas is required reading for serious Indian value investors.
