Investment Focus

Listed Companies

  • Clear focus of stock universe – We focus on companies having market capitalisation upto Rs. 27,000 crs
  • “Too Hard” box – We focus on companies within our circle of competence
  • Management – Our understanding of management is based on certain factors such as quality of business strategy taken in the past, honesty and fairness in financial reporting and related party transactions
  • Growth visibility – We bet on companies across themes with visible growth in future through either capacity expansion, capacity ramp up, industry growth, scheme of arrangements, etc
  • Operational leverage – We focus on companies that are in margin expansion phase or contraction of expenses as % of sales due to economies of scale
  • Margin of safety – We gauge margin of safety by deciphering intrinsic value of company through our internal proprietary methodology
  • Clearly avoiding red flags – We flag out companies with risky parameters such as pledged shares, aggressive accounting policies, change in promoter holding, contingent liabilities and many more

Unlisted Companies

  • Stage Preference – We invest at Pre-Series A stage bridge rounds
  • Sector Preference – We focus on sectors like Enterprise-Tech, Mobility, Agritech, Consumer Products, Healthtech and Fintech.
  • Co-Investments - We only prefer to participate as co-investors along with institutional investors in the same round.
  • Company Preference – We look for companies that are generating revenue with annual traction of at least Rs.1 Crore. They should have successfully built team and exhibited their domain knowledge in their respective work experience.
  • Ticket Size – Our cheque is INR 1-3 Cr
  • Geography - We invest only in India domiciled companies