Prudent Equity bought 6,15,378 shares of Manaksia Steels Limited for ₹6.39 Cr at ₹103.83 apiece through a bulk deal.
A manufacturer and exporter of coated steel products, Manaksia Steels produces value-added steel solutions for diverse industrial applications across multiple sectors. Incorporated in 2001, the company specializes in manufacturing high-quality coated steel offerings tailored to meet specific customer requirements and industry standards. The company serves both domestic and international markets with its comprehensive range of steel products and solutions.
Gurugram-based PMS by Siddharth Oberoi, a full-time investor since 1996. Prudent Equity has advised on public-equity capital with a reported 41 percent CAGR over 12 years. Launched its maiden PMS (Growth Strategy) in July 2024 with a Rs 50 lakh minimum, day-to-day managed by Diwakar Rana. Growth-at-a-reasonable-price, sector and market-cap agnostic.
