Deep Value – RPSG Ventures

Hello Everyone,

Have a look at the RPSG Ventures scrip, its from the stables of Goenka group owning several recognized names like CESC, CEAT, SAREGAMA, Spencer retail, Philips carbon and First source solutions.

Rationale for investment:

• 54% stakeholder of First source worth 7k Cr (54% value)

• 49% holder of Lucknow Super Giants IPL team worth 4k crore (49% value)

• Owner of other sporting franchise like ATK Mohun Bagan in Kolkata

• 100% of Quest mall in Kolkata worth 700 cr

• 100% owner of FMCG brands like Too Yumm ( Virat Kohli is the brand ambassador), Dr. Vaidya for ayurvedic medicines (mainly vigra), Shapoo brand promoted Kirti Sanon

• It also funds several D2C startups ups which could be sold or go for IPO with windfall profits.

• Promotors are have last week added 10% stakes at 795/share via Qip.

• Renowned investors of this gem include CLSA, Ashish Dhawan and many more.

All the above for a market cap of only 2300 cr … Delicious