Narayana Murthy’s backed Catamaran Ventures acquired a fresh stake in three listed companies during the third quarter of FY25. This move reflects the venture’s interest in diversifying its investment portfolio. In Q3FY25, Catamaran Ventures purchased a percentage of equity in the company as per December 2024 shareholding pattern. The stake acquisition showcases the firm investing in emerging opportunities in sectors beyond IT, further expanding its business investments. Their Portfolio includes some prominent companies that are SpaceX, acko, NSE, Reddit, udemy, Manipal Global Education Services, AON, Udaan, Paperboat, Dailyhunt, and others.
Listed below are stocks in which Cataraman Ventures has bought fresh stakes in Q3FY25.
IRIS Business Services
IRIS Business Services Ltd is a leading RegTech SaaS company. They specialize in regulatory compliance solutions using advanced technologies like AI and machine learning.
As of December 2024, The company’s promoters hold a 35.63 percent stake followed by 1 percent by Foreign Institutional Investors (FII), 2.72 percent by Domestic Institutional Investors (DII), and 60.66 percent stake held by the public. Catamaran Ventures LLP bought a fresh stake with a 1.51 percent stake comprising 3,02,682 shares.
With a market capitalization of Rs. 1,079.71 Crores, the shares of IRIS Business Services Limited closed at Rs. 540 per equity share, down 2.00 percent from its previous day’s close price of Rs. 551.
Gokaldas Exports
Gokaldas Exports Ltd is India’s largest apparel manufacturer and exporter. They specialize in a diverse range of garments. They have over 23 manufacturing units and a workforce of 25,000 and serve prestigious global brands.
As of December 2024, The company’s promoters hold a 9.38 percent stake followed by 26.54 percent by Foreign Institutional Investors (FII), 37.01 percent by Domestic Institutional Investors (DII), and 27.08 percent stake held by the public. Catamaran Ventures LLP bought a fresh stake in the December 2024 quarter with a 1.47 percent stake comprising 10,53,703 shares.
With a market capitalization of Rs. 7,756.26 Crores, the shares of Gokaldas Exports Limited closed at Rs. 1,085.30 per equity share, down 0.53 percent from its previous day’s close price of Rs. 1,091.05.
SJS Enterprises
SJS Enterprises Ltd is a leading decorative aesthetics solutions provider in India. They specialize in the automotive and consumer appliance industries and manufacture a diverse range of products including dials, badges, and overlays.
As of December 2024, The company’s promoters hold a 21.61 percent stake followed by 16.55 percent by Foreign Institutional Investors (FII), 28.53 percent by Domestic Institutional Investors (DII), and 33.30 percent stake held by the public. Catamaran Ventures LLP bought a fresh stake in the December 2024 quarter with a 1.69 percent stake comprising 5,29,200 shares.
With a market capitalization of Rs. 3,229.45 Crores, the shares of SJS Enterprises Limited closed at Rs. 1,031.10 per equity share, down 1.91 percent from its previous day’s close price of Rs. 1,051.15.
Written by Santhosh S
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