Axentra Corp
Minerva Ventures Fund acquired 25 lakh shares of Axentra Corp for ₹87.56 crore at ₹350.25 apiece through a preferential allotment, resulting in a 12.69% stake.
A civil construction company engaged in property development and construction activities across India. Incorporated in 1992, the company focuses on residential and commercial real estate projects, delivering comprehensive infrastructure solutions through its vertically integrated operations and experienced team. The firm distinguishes itself through its commitment to quality construction standards, timely project delivery, and sustainable building practices in the competitive Indian real estate sector.
A Mauritius-based foreign portfolio investor and an active anchor investor in Indian SME public issues, where it has backed a steady run of listings. It also builds positions in listed small caps. The fund reports through more than one vehicle, including an Indus QRAC strategy, and both sit under the same administrator.