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Deal Flow – 20/01: Tirupati Trade & Finance Company buys Lincoln Pharma and Kitara Capital buys Mold-Tek Packaging via Kitara India Micro Cap Growth Fund

Here is the “Deal Flow (Summary of Bulk & Block Deals)” of the data that is revealed in the markets. This has been collated and curated to make trade-able sense.

A Bulk Deal is a trade, where total quantity bought or sold is more than 0.5% of the number of equity shares of the company. A trade, with a minimum quantity of 5,00,000 shares or minimum value of Rs.5 crore executed through a single transaction on this separate window of the stock exchange will constitute a Block Deal.

Deal_Flow_20_January_2016

Lincoln Pharma (read more here)

After a 2 days of battering and bruising, Lincoln Pharma made it into the green. The stock touched its all-time low only to close points in the green.

Lincoln_Pharma_Stock_Price3

Tirupati Trade & Finance Company accepted a delivery of 83,723 shares after selling 10,000 shares at a quick profit of over a lakh and half. This constitutes a holding of 0.51%.

This is not the first time that Tirupati Trade & Finance Company have traded the stock. The firm sold 208,316 shares or 1.28% when the stock was at Rs. 268.05/- on the 5-Jan-16.


Mold-Tek Packaging

The company is involved in the manufacturing of injection molded containers for lubes, paints, food and other products.

MTPL has seven processing plants and three stock points spread across India with an injection molding capacity of around 20,000 TPA.

Kitara India Micro Cap Growth Fund – A Mauritius based Fund (Registered FII) of Kitara Capital purchased 143,478 shares or 1.03% valuing the deal at Rs. 401 lakhs.

Kitara Capital also owns stake in APL Apollo Tubes at 12.8%, Innoventive Industries at 3.14%, Compuage Infocom at 9.36%, Supreme Infrastructure India at 6.42% and Vivimed Labs at 11.29%.

The company recently received the Certificate of formation, Industrial Licence Share Certificate from Ras Al Khaimah Free Trade Zone (RAK FTZ) . Basically the company has been incorporated in the Ras Al Khaimah Free Trade Zone as a Free Zone Establishment (A tax-free investment environment). The commercial production from this facility would kick off by May/June 2016.


Check out the Deal Flow for the other days:

Deal Flow – 19/01: Dilipkumar Vishindas Lakhi (Mumbai’s highest tax payer) buys International Paper APPM and Alfa Fiscal Services buys bruised Lincoln Pharma

Deal Flow – 18/01: Vijay Kishanlal Kedia buys Karnataka Bank, Jayantilal Patel buys battered Lincoln Pharma and Forefront Capital Management buys McNally Bharat Engineering

Deal Flow – 15/01: GMO Emerging Domestic Opportunities Fund buys the Outlier Gateway Distriparks

Deal Flow – 13/01: DSP Blackrock via DSP Blackrock Alternative Investment Fund, via DSP Blackrock MicroCap Fund & via DSP Blackrock Tiger Fund buys a ton of Skipper Limited

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