Shares of smallcap firm Zaggle Prepaid Ocean Services, backed by ace investor Ashish Kacholia, surged 20% over the past two trading sessions on the BSE, hitting a 52-week high of Rs 420. The rally followed the company’s announcement of a partnership with HDFC Ergo General Insurance Company. In an exchange filing on Monday, Zaggle stated, … Read more
The board of ace investor Ashish Kacholia’s portfolio stock Aditya Vision, in its board meeting held earlier in the month of July had announced a sub-division of its shares in the ratio of 1:10. Later in the month of August, the company announced that the record date for the purpose of the bonus issue has … Read more
Aditya Vision, in which Ashish Kacholia has a 1.87% stake, on Wednesday informed exchanges about the stock split of its equity shares into 10 fully paid shares. The company will announce the record date for the subdivision of equity shares after the receipt of approval of the members. The decision was taken at a board … Read more
Ace investor Ashish Kacholia has reduced his holdings in three smallcap counters in the March ended quarter viz Aditya Vision, Safari Industries (India) and Universal Autofoundry. Kacholia trimmed his stake in Aditya Vision by 12 bps to 1.87 at the end of the January-March quarter versus 1.99% at the close of the December quarter. Aditya … Read more
The shares of Radiowalla Network listed with a premium of 57.9% on the NSE SME platform on Friday. The stock debuted at Rs 120 apiece as against an issue price of Rs 76. Ahead of the listing, Radiowalla Network’s shares were trading with a premium of Rs 35 in the grey market. The public offer, … Read more
Continuing the positive trend seen on the first day, the SME IPOs of TAC Infosec and Radiowalla Network, backed by marquee investors Vijay Kedia and Ashish Kacholia, respectively, were subscribed over 10 times on the second day of the bidding process. Here’s a look at all the details: TAC Infosec IPO The IPO of TAC … Read more
