Kesar Petroproducts Ltd

Counter Cyclical sold 7,48,993 shares of Kesar Petroproducts Ltd for ₹1.44 Cr at ₹19.18 apiece in a bulk deal on May 29, 2026.

A manufacturer of organic chemicals and pigments, Kesar Petroproducts serves diverse industries including paints, coatings, plastics, textiles, and printing inks. The company produces specialty chemicals and pigment products for both domestic and international markets. Established in 1990, it operates as a vertically integrated commodity chemicals producer with a focus on product quality, technical support, and consistent supply to industrial customers across multiple sectors.

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.