Holani, Meru Funds Boost Shyam Dhani Stake by Over 3% After IPO Rally

• Holani Venture Capital and Meru Investment Fund acquired an additional 3% equity stake in Shyam Dhani Industries on January 2.
• Holani Venture Capital Fund-I bought 1.21% (Rs 2.99 crore) and Meru Investment Fund PCC-CELL 1 acquired 1.9% (Rs 4.79 crore) at Rs 119.8 per share.
• The Jaipur-based spices maker's shares rebounded 0.52% to Rs 126.75 after a 5% correction, following a 99.5% rally on its Dec 30 debut.
• Prior to the listing, Holani Venture Capital held 2.1% and Meru Investment Fund held 1.3% in Shyam Dhani.
• Generational Capital also invested in KV Toys India, while Asset Reconstruction Company India offloaded shares in Viceroy Hotels.

Why It Matters: Funds increase stake in Shyam Dhani Industries, signaling confidence after its recent market volatility.