Private Equity

Liquidity Events

Newquest exits Capacite Infraprojects by selling shares worth Rs.34-Cr; registers 1.22x return

Stock Exchange Data   Venture Intelligence Research  

Newquest has sold its residual 2.54% stake in publicly-listed Capacite Infraprojects Ltd for INR 34.42 crore. Post the sale, Newquest made a complete exit from its over six-year-old investment with a 1.22x return.

From the Venture Intelligence PE-VC Deal Database: In Sep 2016, Newquest had invested INR 40 crore in Capacite. Subsequently it invested more.