Motilal Oswal invests Rs 100 crore in Ganesh Grains – Feedback

Kolkata-based Ganesh Grains, a company engaged in manufacturing and marketing of branded food staple, on Tuesday announced that it has got a private equity investment of Rs 100 crore from Motilal Oswal. With this, Motilal Oswal has become a ‘significant minority shareholder’ in the company. In general, the PE firm typically picks up 20-40 per cent stake in companies.

In the last ten years, Motilal Oswal has invested in close to 23 company, of which half are either family-owned or first-generation enterprises. However, what makes Ganesh stands out is its roots in the bylanes of Barabazar in Kolkata, the home of many Marwari enterprises. However, not many small or mid-sized family enterprises from the east have opted for private equity investment to bring an essence of professionalism in the company.

http://www.business-standard.com/article/companies/motilal-oswal-invests-rs-100-crore-in-ganesh-grains-116102500871_1.html

About news

We take care of publishing the latest investment news and highlights for Feedback

Leave a Reply

Your email address will not be published. Required fields are marked *