Siddhika Coatins
Counter Cyclical bought 6,500 shares of Siddhika Coatings for ₹12.36 lakh through an open market transaction, increasing its stake from 5.03% to 5.13%.
A paint and coatings company incorporated in 2010, Siddhika Coatings operates across paint contracting services and the sale of paint and allied products for industrial and commercial applications. The company combines specialized coating application expertise with product distribution capabilities. Siddhika Coatings serves diverse customer segments by integrating both contracting operations and retail product sales, positioning itself across the value chain of the coatings industry.
Founded in 2019, managing around Rs 712 cr in a deep-value smallcap strategy. Run by Gurmit Singh Narang (MA Economics, Delhi School of Economics) with a zero-management-fee structure: 20 percent performance share over a 10 percent hurdle. Concentrated bets on out-of-favour smallcaps.
