Small-cap multibagger makes strategic investment in real estate: All you need to know!

Shares of Crest Ventures have delivered a remarkable 259 per cent in returns over the past three years.

In a strategic move, Crest Ventures Limited has significantly strengthened its position by acquiring an additional equity stake of 10.01% in Ramayana Realtors Private Limited, effectively making it a subsidiary of Crest Ventures. This acquisition has propelled Crest Ventures to hold a commanding 50.01 per cent share of the total paid-up Equity Share capital of Ramayana Realtors Private Limited.

Ramayana Realtors Private Limited, a prominent player in the real estate sector, has exhibited robust financial performance in recent years. Its turnovers stood at Rs 14.51 crore, Rs 20.55 crore, and Rs 14.44 crore as of March 31, 2023, 2022, and 2021, respectively. Specializing in the real estate business, the acquisition of additional equity shares in Ramayana aligns with Crest Ventures' overarching strategy of consolidating its holdings within Ramayana and further enhancing its footprint in the real estate domain.

Crest Ventures Limited is a dynamic non-deposit taking NBFC that operates under the regulatory framework of the Reserve Bank of India (RBI). The company boasts a diversified business portfolio encompassing real estate and related services, financial services, as well as investment and credit operations. Remarkably, shares of Crest Ventures have delivered a remarkable 259 per cent in returns over the past three years, establishing it as a multibagger stock in the financial market.

This strategic acquisition marks a pivotal moment for Crest Ventures, underlining its commitment to expanding its influence in the thriving real estate sector. The real estate industry has proven resilient and adaptable, even in the face of changing economic landscapes. It offers potential for high returns on investments, making it an attractive area for strategic investments.
Crest Ventures' decision to fortify its presence in the real estate sector comes at an opportune time, with the market showing notable resilience and adaptability. By deepening its association with Ramayana Realtors Private Limited, Crest Ventures is set to take advantage of evolving market dynamics and capitalize on growth opportunities in this dynamic sector.

Disclaimer: The article is for informational purposes only and not investment advice.