J Kumar Infra’s shareholders’ list reads like a who’s-who of Dalal Street’s investing luminaries.
Sunil Singhania’s ABAKKUS GROWTH FUND-2, Prashant Jain’s 3P INDIA EQUITY FUND 1, Dolly Khanna, Mukul Agrawal, HDFC Mutual Fund and FII LETKO BROSSEAU EMERGING MARKETS EQUITY FUND hold big stakes in the Company as seen below.
| Investor | Nos of shares held | % of equity capital |
| HDFC TRUSTEE COMPANY LIMITED – HDFC INFRASTRUCTURE FUND HDFC BALANCED ADVANTAGE FUND | 67,10,933 | 8.87 |
| Sunil Singhania’s ABAKKUS GROWTH FUND-2 | 20,05,000 | 2.65 |
| Prashant Jain’s 3P INDIA EQUITY FUND 1 | 11,22,119 | 1.48 |
| LETKO BROSSEAU EMERGING MARKETS EQUITY FUND | 17,99,988 | 2.38 |
| DOLLY KHANNA | 7,58,303 | 1.00 |
| MUKUL MAHAVIR AGRAWAL | 20,00,000 | 2.64 |
It may be noted that Dolly Khanna is an old investor in J Kumar Infra. In the September 2022 quarter, DOLLY KHANNA had added 8,13,976 shares of J. Kumar Infraprojects. The holding had then dropped to an unknown level. She has now increased her stake to enter the list of shareholders holding more than 1% of the equity capital.
As regards Porinju Veliyath, he has candidly revealed that J. Kumar is a “core holding” in his PMS though the number of shares held is not known. He said the Company, amongst others, is “en route to create superlative wealth for investors”.
Very impressive Q2 results so far!
Raymond (We own over 4% of Co) best ever Qtr, watch out for perception change. Other core EQ holdings, Tata Commn. & J Kumar also reported good nos. Many more Indian cos are on a roll; en route to create superlative wealth for investors!— Porinju Veliyath (@porinju) November 8, 2022
More information about J Kumar Infra’s business prospects is available in the latest research report of HDFC Securities.
