Olympus Capital exits Karur Vysya Bank by selling shares worth Rs.98-Cr, registers 1x RoI and 1.21%
Stock Exchange Data Venture Intelligence analysis
Olympus Capital has sold shares worth INR 97.90 crore of publicly listed Karur Vysya Bank Ltd. on Sep 29, 2021 through a bulk deal on BSE. Assuming the investor sold its 0.29% stake also at INR 46.62 per share, the investor would have made 1.08x return on its over 9-year-old investment.
From the Venture Intelligence PE-VC Deal Database: In Apr 2012, Olympus Capital invested INR 200 Crore for 4.80% stake in KVB. Subsequently it invested more through Private Placements.
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