Madhu Kela’s Singularity Equity Fund Acquires Stake in this Small-Cap Stock Via Block Deals Worth ₹ 42.60 Crore

Small-Cap Stock Shankara Building Products Saw A Sharp Rise in Investor Investor Investor Madhu Kela’s Fund Acquired A Significant Stake Through Block Deals.

In a notable transaction on June 9, singular right fund I, backed by renowned investor madhu kela, acqured 4.6 lakh shares of Shankara Building Products at 926.1 per share via block deals for a total of 42.6 Crore. The company, a Leading Organized Retailer of Home Improvement and Building Products in India, Operates under the brand name “Shankara Buildpro”.

The Acquisition Came Along 176 Crore. According to bse data, Srinivas Sold 19 Lakh Shares at an average price of 926.1 Apiece, Bringing The Promoters’ Holding Down to 41.41 Percent from 49.25 Percent Earlier.

Besides kela’s fund, other prominent investors such as chartered finance and leasing, Ace infraction developers, sageone investment manners llp, and foundations like Riti Foundation, Riti Foundation, Sr Swati Foundation also participated in the block deals.

Strong Q4 But Full-Year Net Subdued

Shankara Building Products Reported A 17.46 Percent Year-On-Year Rise in Net Profit at 28.45 Crore for the Quarter Ended March 2025, up from 24.22 Crore in the year -go period. Revenue for the Quarter surgged 19.08 percetic to 1,639.16 Crore Versus 1,376.55 Crore in Q4FY24.

However, for the full year, the company posted a 4.60 percent decline in network to 77.40 Crore from 81.13 Crore in FY24, Despite A 17.98 Percent Rise in Revenue to 5,696.69 Crore.

DURING Its Earnings Call, The Management Highlighted That The Steel Sector Facted Considerable Headwinds Through the Year, Primarily due to a decline in realizations, which prescribed margins. Still, The Company Clocked A Robust 30 Percent Volume Growth in FY25. According to Vice President Dhananjay Mirlay Srinivas, Segments Like Structural Steel Tubes and Pipes Have Shown Resilient Demand, Enabling the company to MainTain Growth Momentum.

Stock on a Tear

Shares of Shankara Building Products Surged 6.7 Percent in the Previous Session Folling The Block Deals and Touched a new 52-wek high of of 1056.60. On Tuesday, June 11, The Stock Gained Another 2.6 Percent to Hit An Intraday High of 1,024.

With this, the smallcap stock has rallied Nearly 130 Percent from its 52-wheek low of 444.40 Hit in October 2024. In the past one year alone, it has delivered a 44 percent return. The upward Momentum has Continued in Recent Months, with Gains of 23 Percent So far in June, Extended Its Winning Streak to Four Straight Months – After Rising 36.5 Percent in May, 5.4 percent, 5.4 percent, and 2.5 percent in March. The stock, however, decided pressure earlier in the year with declines of over 10 percent et in January and februry.

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