Private Equity

Liquidity Events

Oman India Joint Investment Fund sells HBL Power Systems shares worth Rs.40-Cr; registers 3.22x retu

Stock Exchange Data  

Oman India Joint Investment Fund has shares of publicly-listed HBL Power Systems Ltd worth INR 39.54 crore. Post the sale, the investor would hold 5,935,000 equity shares (2.14% stake) in the company.

From the Venture Intelligence PE-VC Deal Database: In Jan 2013, Oman India Joint Investment Fund invested INR 75 crore in Beaver Engineering. In 2017, Beaver Engineering amalgamated with HBL Power Systems through a share swap deal.