Veteran investor Madhusudan Kela’s wife Madhuri Kela in the recently concluded September quarter bought a fresh stake in BSE-listed NBFC firm Niyogin Fintech.

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As per the company’s latest shareholding pattern available with the exchanges NSE and BSE, the ace investor as of the quarter ended September held 50.2 lakh shares, aggregating to a 5.3 per cent stake in the small-cap entity.

Niyogin Fintech, previously known as M3 Global Finance, is a Mumbai-based non-banking finance compnay (NBFC). The company offers loans and financing solutions to Indian MSMEs.

Shares of the fintech company in the last 1 year have zoomed over 70 per cent, while in the past 6 months, they have delivered a multibagger return to the tune of 110 per cent.

In trade on October 25, the scrip ended with a cut of over 1 per cent at Rs 71.74 per share on BSE.

In the June ended quarter, the company’s total revenue registered an increase year-on-year (YoY) to Rs 45.5 crore versus Rs 27.4 crore. Nonetheless, given higher operating expenses during the period, the company’s net loss increased by a margin to Rs 4.8 crore as against Rs 4.2 crore in the Q1FY23 period.

Besides, in the September quarter, the investor pared her holding in Repro India by 0.26 per cent, with her holding now at 3.33 per cent, valued at Rs 32.4 crore.

As per corporate shareholdings filed for the September quarter, Kela publicly holds 7 stocks with a net worth of over Rs 283.2 crore.

Other stocks in her portfolio include names like Sangam (India), IRIS Business Services, Indostar Capital Finance, Bombay Dyeing, and Kopran.