Skipper Limited
Cohesion MK Best Ideas acquired 15,95,744 shares of Skipper Limited for ₹74.99 Cr at ₹470 apiece, establishing a new position representing a 1.31% stake through a preferential allotment.
A manufacturer of transmission and distribution structures, pipes, and fittings serving India's power and infrastructure sectors. Skipper operates vertically integrated manufacturing facilities and executes engineering, procurement, and construction projects for utilities, industrial clients, and infrastructure developers. The company specializes in heavy electrical equipment with capabilities spanning design, fabrication, installation, and project delivery across transmission infrastructure networks.
Launched August 2020 by Cohesion Asset Management (Abu Dhabi) in partnership with Madhusudan Kela, "the King of the Multi-Bagger" who scaled Reliance MF's equity business from ~USD 20 m to ~USD 60 bn. Concentrated 20 to 25 stock portfolio that gives global investors access to Kela's high-conviction Indian equity picks.
