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QRG Investments offloads Awfis’ shares worth Rs 141 Cr

EntrackrEntrackr · 20d ago
QRG Investments offloads Awfis’ shares worth Rs 141 Cr
Medial

QRG Investments offloads Awfis’ shares worth Rs 141 Cr QRG Investment has sold its 82% stake in co-working solutions firm Awfis through a bulk deal. The investor has offloaded its 24,07,800 shares at Rs 585.14 per share for Rs 140.9 crore. According to a corporate disclosure on the National Stock Exchange (NSE), the investor has offloaded its 24,07,800 shares at Rs 585.14 per share for Rs 140.9 crore. Prior to this, QRG had offloaded 3,67,408 Awfis’ shares last month, aggregating to Rs 22 crore, taking its total disinvestment to 94% of its overall stake in the company. As of March 2025, QRG Investments owned 29,39,074 shares of Awfis, forming a total of 4.11% of Awfis' total captable. QRG Investments and Holdings Limited, the promoter holding arm of QRG Group, operates as a mid-tier NBFC. On the other hand, HSBC MUTUAL FUND picked up 9,18,300 shares of Awfis at a price of Rs 585 per share, which totaled to Rs 53.72 crore in a bulk deal. Earlier this month, VBAP Holdings Private Limited also sold its 23.6% stake in Awfis through a bulk deal for Rs 56.8 crore. Awfis’ revenue from operations grew 30% year-on-year to Rs 335 crore in Q1 FY26 from Rs 258 crore in the same quarter last year. The company’s profit surged 3.5X to Rs 10 crore in Q1 FY26, from Rs 2.8 crore in Q1 FY25 in the same period. Awfis’ stock is trading at Rs 577 with a total market capitalization of Rs 4,126 crore.

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QRG Investments offloads Awfis’ shares worth Rs 22 Cr

EntrackrEntrackr · 1m ago
QRG Investments offloads Awfis’ shares worth Rs 22 Cr
Medial

Snippets QRG Investments offloads Awfis’ shares worth Rs 22 Cr QRG Investments and Holdings Limited has sold 3,67,408 shares of Awfis at a price of Rs 591.17 per share aggregating to Rs 21.94 crore in a bulk deal. QRG Investments and Holdings Limited, the promoter holding arm of QRG Group and a key shareholder in Havells India, operates as a mid-tier NBFC. It manages a diverse portfolio that includes startup investments, listed stocks, venture debt, structured credit, REITs/InvITs, and private businesses across sectors such as healthcare, EVs, and pharmaceuticals. Awfis on its Annual General Meeting yesterday reappointed Rajesh Kharabanda as Non-Executive Director who retires by rotation. Awfis’ revenue from operations grew 30% year-on-year to Rs 335 crore in Q1 FY26 from Rs 258 crore in the same quarter last year. The company’s profit surged 3.5X to Rs 10 crore in Q1 FY26, from Rs 2.8 crore in Q1 FY25 in the same period. Awfis’ stock is trading at Rs 577 (as of 10:40 AM) with a total market capitalization of Rs 4,131 crore.

VBAP Holding sells Awfis’ shares worth Rs 57 Cr

EntrackrEntrackr · 1m ago
VBAP Holding sells Awfis’ shares worth Rs 57 Cr
Medial

VBAP Holdings Private Limited sold its 23.6% stake in co-working solutions firm Awfis through a bulk deal. According to a corporate disclosure on the National Stock Exchange, the firm offloaded 9,96,307 shares at Rs 570.12 per share for Rs 56.8 crore. As of March 2025, VBAP owned 42,17,712 shares of Awfis, forming a total of 5.92% of Awfis' total captable. Less than a week ago, QRG Investments offloaded Awfis’ shares worth Rs 22 Cr through a bulk deal. Awfis’ revenue from operations grew 30% year-on-year to Rs 335 crore in Q1 FY26 from Rs 258 crore in the same quarter last year. The company’s profit surged 3.5X to Rs 10 crore in Q1 FY26, from Rs 2.8 crore in Q1 FY25 in the same period. Awfis’ stock is trading at Rs 565.8 (as of 11:55 AM) with a total market capitalization of Rs 4,061 crore.

Docon offloads 10% stake in Thyrocare for Rs 668 Cr

EntrackrEntrackr · 10d ago
Docon offloads 10% stake in Thyrocare for Rs 668 Cr
Medial

Docon Technologies Pvt Ltd, a promoter entity of Thyrocare Technologies, has sold 53.33 lakh equity shares representing around 10% of the company’s total paid-up capital through open market transactions on October 24, 2025. The sale was valued at Rs 667.7 crore at an average price of Rs 1,252 per share, according to a stock exchange filing. Following the transaction, Docon’s shareholding in Thyrocare has come down from 71% to 61% and continues to remain a promoter of the diagnostics chain with 3.2 crore shares. The block sale saw strong participation from domestic mutual funds. Among the key buyers were ICICI Prudential Mutual Fund, which purchased 17.49 lakh shares worth Rs 218.9 crore, and Aditya Birla Sun Life Mutual Fund, which picked up 10.33 lakh shares for Rs 129.3 crore. Other prominent investors included HSBC Mutual Fund Midcap Fund (6.66 lakh shares for Rs 83.4 crore), HDFC Mutual Fund (4.44 lakh shares for Rs 55.5 crore), and Eastspring Investments India Consumer Equity Open Limited (3.19 lakh shares for Rs 40 crore). The stake sale comes on the back of leadership transition within the PharmEasy-Thyrocare group. In August 2025, PharmEasy’s co-founder and CEO Siddharth Shah stepped down from his executive role to become the company’s Vice Chairman, while Thyrocare’s chief Rahul Guha was elevated as the new MD and CEO of API Holdings, the parent entity of PharmEasy and Thyrocare. Guha continues to lead Thyrocare alongside his expanded responsibilities at API. Thyrocare recently announced its financial numbers for the second quarter of the ongoing fiscal year FY26, posting a strong performance in the quarter. The company’s revenue from operations grew 22% year-on-year (YoY) to Rs 216.5 crore in Q2 FY26 from Rs 177.36 crore in Q2 FY25. Thyrocare’s profit jumped 81% YoY to Rs 47.9 crore in Q2 FY26, compared to Rs 26.4 crore in the corresponding quarter last year. For the first half of FY26, the company recorded a net profit that grew 71% to Rs 86.1 crore from Rs 50.4 crore in H1 FY25.

BNP Paribas aligns with Eternal, offloads Swiggy stake

EntrackrEntrackr · 2m ago
BNP Paribas aligns with Eternal, offloads Swiggy stake
Medial

BNP Paribas aligns with Eternal, offloads Swiggy stake Institutional investors actively rotated positions in the stock market on Tuesday, with the food delivery space at the center of heavy bulk deals. The highlight of the session was French banking giant BNP Paribas Financial Markets exiting a large position in Swiggy while simultaneously emerging as a major buyer in Eternal, the parent entity of Zomato. In Swiggy, BNP Paribas offloaded shares worth around Rs 1,140 crore, while Societe Generale followed a similar strategy, selling shares worth Rs 608 crore. The total selloff was at around Rs 1,748 crore in the food delivery major Swiggy, reflecting heavy foreign institutional profit booking in the segment. On the other hand, BNP Paribas struck a contrasting move in Eternal, the parent company of Zomato and Blinkit. It turned into a massive buyer, acquiring shares worth nearly Rs 3,220 crore. The move signals a clear shift of focus towards Eternal while leaving behind Swiggy. Earlier this month, Alibaba Group affiliate Antfin Singapore Holding Pte. offloaded shares worth Rs 4,097 crore ($482 million) from Eternal through a bulk deal. The transaction involved the sale of 14.13 crore shares at a price of Rs 290 per share. Swiggy reported 54% year-on-year growth in its operating revenue to Rs 4,961 crore in the first quarter of FY26. However, the company’s losses almost doubled to Rs 1,197 crore in the same period. The company’s total market capitalization stands at Rs 1,06,765 crore (approx $12 Bn). On the other hand, Zomato’s parent Eternal reported 70% year-on-year growth in its operating revenue to Rs 7,167 crore in the first quarter of FY26. Meanwhile, the company reported a 90% fall in profit to Rs 25 crore during the quarter. The company’s total market capitalization stands at Rs 3,09,535 crore (approx $35 Bn). In May of this year, Swiggy's stock dropped to an all-time low of Rs 297. Conversely, Eternal's stock hit an all-time high of Rs 331 seven days prior, on August 20, 2025.

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