Recent IPOs have seen over 100 times of subscription indicating a surge in demand for IPO subscriptions.
More than 50% of companies have migrated to main boards, indicating strong growth potential.
The Fund will be sector-agnostic. It will consider investments in both technology-enabled companies and a broader consumption theme that meet the following common characteristics:
The Fund will endeavor to focus on sectors which have the unique combination of rapid growth and the potential for improved profitability of its market leaders.
Invest early in right growth opportunity businesses with a track record of generating revenues and a sound plan for expansion. Invest in SME companies looking to acquire the necessary equipment, property, personnel and working capital to expand their businesses rapidly, and sustain growth for the long-term.
Chanakya Opportunities fund is designed to provide growth capital and strategic support to listable SMEs exchange enterprises. With a focus on investing in companies with potential for growth and profitability, the fund aims to help these businesses scale their operations and achieve long-term success.
The investment under Chanakya Opportunities Fund shall be made in Indian manufacturing and services companies engaged in the following segments: