Forge Auto
Finavenue Growth Fund increased its stake in Forge Auto from 5.66% to 5.69%, acquiring 3,600 shares. The fund now holds 6,21,600 shares.
An engineering company specializing in the forging and manufacturing of complex, safety-critical components for the automotive and non-automotive sectors. Forge Auto International produces precision-machined forged parts that serve original equipment manufacturers and suppliers across multiple industries. The company distinguishes itself through deep expertise in handling intricate component requirements, maintaining stringent quality standards for safety-critical applications, and delivering customized engineering solutions to diverse industrial customers.
Managed by A9 Finsight, with around Rs 360 cr AUM and a top-of-category track record (+233 percent absolute return since July 2023, +132 percent in CY2024 vs CNX Smallcap +24 percent). Allocates ~45 percent to SME listings, ~35 percent to mainboard companies and ~20 percent to pre-IPO. Run by Abhishek Jaiswal, among India's youngest fund managers.
