Hariom Pipe Industries Limited
Ajay Upadhyaya cut his stake in Hariom Pipe Industries from 1.46% to 1.00%, selling 1,43,500 shares. The transaction reduced his holding to 3,10,000 shares, valued at approximately ₹10.25 crore.
A manufacturer of high-quality steel products, Hariom Pipe Industries specializes in the production of pipes and tubular steel items for construction, infrastructure, and industrial applications. Incorporated in 2008, the company operates modern manufacturing facilities equipped with advanced technology to ensure consistent product quality and reliability. It serves diverse sectors including oil and gas, water management, building construction, and power generation across India and select international markets.
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.