Private Equity

Liquidity Events

Kedaara Capital exits Vijaya Diagnostic by selling shares worth Rs.113-Cr; registers 5.08x

NSE Data  

Kedaara Capital has its residual shares in publicly-listed Vijaya Diagnostic Centre Ltd for INR 112.69 crore registering an over 5.08x return on its five-year-old investment.

From the Venture Intelligence PE-VC Deal Database: In Dec 2016, Kedaara Capital had invested INR 407.11 crore for 40% stake in the target. It made a part-exit as part of the IPO when the company listed its shares in Sep 2021 at INR 531 per share.