Longthrive Capital sold 1,18,000 shares of KVS Castings Limited for approximately ₹89 lakh at ₹75.49 apiece, reducing its stake from 2.10% to 1.47%.
A manufacturer of precision castings established in 2005, KVS Castings produces cast iron, SG iron, alloy steel, and stainless steel components for industrial applications. The company specializes in high-quality casting solutions across multiple material grades, serving diverse sectors including automotive, machinery, engineering, and infrastructure industries. Its integrated manufacturing capabilities and focus on technical expertise in casting processes distinguish it within the castings and forgings sector.
Longthrive Capital is a foreign portfolio investor that acts as an anchor investor in Indian SME IPOs through its Longthrive Capital VCC vehicle, which manages the Trendview Capital Fund.
