Orbis gets funding from Ace Investor Ashish Kacholia

31 October 2023

Our Superstar Orbis Financial Corporation Limited which we have been recommending from the levels of Rs 80 for a target of Rs 170 and on which we recently revised our Target Price to Rs 256 has received funding from the ace investor Mr. Ashish Kacholia and Mrs. Madhulika Agarwal. A total of 75,55,556 equity shares of face value of Rs 10 for a premium of Rs 125 were allotted (37,77,778 each). 

A total amount of Rs 102 Cr was raised for an equity share price of Rs 135. The infusion of money by the ace investor further validates our deep research of the companies we conduct and find the hidden gems like this for our investors to invest and earn great returns