This post is in continuation of my coat tailing series (see here)
Elara Capital is a well known investment bank which has done quite a few high profile deals. Elara Capital Plc. is registered as a Foreign Institutional Investor (FII) in India. It manages several funds including Elara Emerging Markets Fund, domiciled in Luxembourg and Elara India Opportunities Fund Ltd (EIOF), a fund domiciled in Mauritius.
Their holdings (as per stock exchange’s sites) are given below:
Company Name | Entity Name | # of Shares | % |
Lyka Labs | Elara Capital PLC A/C Clearwater C | 925811 | 4.29 |
Ruchi Soya Inds. | Elara India Opportunities Fund | 10106067 | 3.03 |
India Nivesh | Elara India Opportunities Fund Ltd | 444500 | 1.18 |
Shree Ram UrbanInfra | Elara India Opportunities Fund Ltd | 503985 | 1.23 |
Banswara Syntex | Elara India Opportunities Fund Ltd | 658780 | 4.46 |
Elpro International | Elara India Opportunities Fund Ltd | 405000 | 8.78 |
Alembic | Elara India Opportunities Fund Ltd | 4935982 | 3.7 |
Winsome Diamonds | Elara India Opportunities Fund Ltd | 2100000 | 1.97 |
Spanco Ltd | Elara India Opportunities Fund Ltd | 1400000 | 4.26 |
International Convey | Elara India Opportunities Fund Ltd | 6500000 | 9.63 |
Sterling Biotech | Elara India Opportunities Fund Ltd | 4455831 | 1.66 |
SVC Resources | Elara India Opportunities Fund Ltd | 2396000 | 3.45 |
Adani Enterprises | Elara India Opportunities Fund Ltd | 11097262 | 1.01 |
Oricon Enterprises | Elara Capital PLC A/c Clearwater Capital Partner | 4462640 | 4.35 |
Sujana Metal | Elara India Opportunities Fund Ltd | 9600000 | 4.89 |
Usha Martin | Elara India Opportunities Fund Ltd | 6880494 | 2.26 |
Onward Technologies | Elara India Opportunities Fud Ltd | 550000 | 4.02 |
Diamond Power Infra | Elara Capital PLC A/C Clearwater Capital Partnerssingapore Fund III Pvt Ltd | 1267861 | 3.41 |
Shri Lakshmi Cotsyn | Elara Capital PLC | 376810 | 1.32 |
Shri Lakshmi Cotsyn | Elara India Opportunities Fund Ltd | 830000 | 2.92 |
Kamat Hotels (India) | Elara Capital PLC A/C Clearwater Capital Partners Singapore Fund III Pvt Ltd | 257431 | 1.35 |
Asian Oilfield Serv. | Elara India Opportunities Fund Ltd | 280000 | 1.83 |
GCV Services | Elara India Opportunities Fund Ltd | 4855000 | 4.84 |
KGN Inds. | Elara India Opportunities Fund Ltd | 5676637 | 2.55 |
Karuturi Global | Elara India Opprtunities Fund Ltd | 61057000 | 7.54 |
Intellvisions Soft | Elara India Opportunities Fund Ltd | 141280 | 2.02 |
Rei Agro | Elara Capital Plc. A/C Clearwater Capital Partners Singapore Fund III Pvt Ltd | 29190620 | 3.05 |
Rei Agro | Elara India Opportunities Fund Ltd | 20553574 | 2.15 |
Dhanlakshmi Bank | Elara India Opportunities Fund Ltd | 2648220 | 3.11 |
Pritish Nandy Comm | Elara India Opportunities Fund Ltd | 1000000 | 6.91 |
Usha Martin Educatn. | Elara India Opportunities Fund Ltd | 1277291 | 4.84 |
Strides Arcolab | Elara India Oppurtunities Fund Ltd | 976863 | 1.66 |
Gallantt Metal | Elara India Opportunities Fund Ltd | 5000000 | 6.15 |
Adhunik Metaliks | Elara Capital Plc A/c Clearwater Capital Partnerssingapore Fund III Pvt Ltd | 3773658 | 3.06 |
Usher Agro | Elara India Opportunities Fund Ltd | 2590312 | 6.81 |
Autoline Inds | Elara India Opportunities Fund Ltd | 200778 | 1.64 |
Sancia Global Infra | Elara India Opportunities Fund Ltd | 766925 | 1.77 |
Nitin Fire Protectn | Elara Capital PLC A/c Vespera Fund Ltd | 5401916 | 2.45 |
Nitin Fire Protectn | Elara India Opportunities Fund Limited | 3723553 | 1.69 |
SE Investments | Elara India Opportunities Fund Ltd | 1396704 | 3.44 |
Renaissance Jewell | Elara India Opportunities Fund Ltd | 507034 | 2.66 |
C Mahendra Exports | Elara India Opportunities Fund Ltd | 1587444 | 2.65 |
Rossell India | Elara India Opportunities Fund Ltd | 3500000 | 9.54 |
Gallantt Ispat | Elara India Opportunities Fund Ltd | 1325145 | 4.95 |
SE Power | Elara India Opportunities Fund Ltd | 2144704 | 5.28 |
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3 replies on “Portfolio of Elara Capital”
Looks like a fund that believes in generating “tax-shield” for its investors by investing only in those companies that destroy wealth…thereby leading to losses for its investors & consequent tax shield!
Sr.No. Co. Name Entity Name # of Shares % Avg.Rate Today’s Rate Invested Amt. Today’s Total NET LOSS/PROFIT Date
1 Lyka Labs Elara Capital PLC A/C Clearwater C 925811 4.29 29.96 11.7 27737298 10831989 -16905309 1 oct 2009 to 31 dec 2009
2 Ruchi Soya Inds. Elara India Opportunities Fund 10106067 3.03 99 70 1000500633 707424690 -293075943 1 oct 2011 to 30 sep 2012
3 India Nivesh Elara India Opportunities Fund Ltd 444500 1.18 51.59 42 22931755 18669000 -4262755 1 jan 2010 to 31 mar 2010
4 Shree Ram UrbanInfra Elara India Opportunities Fund Ltd 503985 1.23 135 131 68037975 66022035 -2015940 1 oct 2009 to 31 dec 2009
5 Banswara Syntex Elara India Opportunities Fund Ltd 658780 4.46 94 57 61925320 37550460 -24374860 1 apr 2011 to 30 june 2011
6 Elpro International Elara India Opportunities Fund Ltd 405000 8.78 465 331 188325000 134055000 -54270000 1 apr 2009 to 30 sep 2009
7 Alembic Elara India Opportunities Fund Ltd 4935982 3.7 55 19 271479010 93783658 -177695352 1 july 2010 to 30 june 2011
8 Winsome Diamonds Elara India Opportunities Fund Ltd 2100000 1.97 61 31.85 128100000 66885000 -61215000 1 oct 2010 to 31 dec 2010
9 Spanco Ltd Elara India Opportunities Fund Ltd 1400000 4.26 42 31 58800000 43400000 -15400000 1 apr 2009 to 30 june 2009
10 International Convey Elara India Opportunities Fund Ltd 6500000 9.63 5.62 15.25 36530000 99125000 62595000 1 jan 2009 to 31 mar 2009
11 Sterling Biotech Elara India Opportunities Fund Ltd 4455831 1.66 99 5.56 441127269 24774420 -416352849 1 jan 2011 to 31 mar 2011
12 SVC Resources Elara India Opportunities Fund Ltd 2396000 3.45 89.4 3.75 214202400 8985000 -205217400 1 apr 2010 to 31 dec 2010
13 Adani Enterprises Elara India Opportunities Fund Ltd 11097262 1.01 256.7 262.75 2848667155 2915805591 67138435 1 apr 2012 to 30 june 2012
14 Oricon Enterprises Elara Capital PLC A/c Clearwater Capital Partner 4462640 4.35 72.26 19.65 322470366 87690876 -234779490 1 oct 2010 to 31 dec 2010
15 Sujana Metal Elara India Opportunities Fund Ltd 9600000 4.89 26.65 4.36 255840000 41856000 -213984000 1 oct 2010 to 31 dec 2010
16 Usha Martin Elara India Opportunities Fund Ltd 6880494 2.26 34.56 34.35 237789873 236344969 -1444904 1 july 2011 to 31 dec 2011
17 Onward Technologies Elara India Opportunities Fud Ltd 550000 4.02 39.9 44.4 21945000 24420000 2475000 1 apr 2011 to 30 june 2011
18 Diamond Power Infra Elara Capital PLC A/C Clearwater Capital Partnerssingapore Fund III Pvt Ltd 1267861 3.41 223 113.5 282733003 143902224 -138830780 1 july 2010 to 31 dec 2010
19 Shri Lakshmi Cotsyn Elara Capital PLC 376810 1.32 94.5 84 35608545 31652040 -3956505 1 july 2012 to 30 sep 2012
20 Shri Lakshmi Cotsyn Elara India Opportunities Fund Ltd 830000 2.92 122 84 101260000 69720000 -31540000 1 oct 2011 to 31 mar 2012
21 Kamat Hotels (India) Elara Capital PLC A/C Clearwater Capital Partners Singapore Fund III Pvt Ltd 257431 1.35 62.5 132.65 16089438 34148222 18058785 1 july 2009 to 31 dec 2009
22 Asian Oilfield Serv. Elara India Opportunities Fund Ltd 280000 1.83 120.9 23.8 33852000 6664000 -27188000 1 july 2008 to 30 sep 2008
23 GCV Services Elara India Opportunities Fund Ltd 4855000 4.84 12.3 1.7 59716500 8253500 -51463000 1 july 2010 to 31 dec 2010
24 KGN Inds. Elara India Opportunities Fund Ltd 5676637 2.55 119 17.15 675519803 97354325 -578165478 1 jan 2011 to 31 june 2011
25 Karuturi Global Elara India Opprtunities Fund Ltd 61057000 7.54 16.52 3.49 1008661640 213088930 -795572710 1 jan 2011 to 31 mar 2011
26 Intellvisions Soft Elara India Opportunities Fund Ltd 141280 2.02 126.5 16.2 17871920 2288736 -15583184 1 apr 2007 to 30 sep 2007
27 Rei Agro Elara Capital Plc. A/C Clearwater Capital Partners Singapore Fund III Pvt Ltd 29190620 3.05 25.15 11.98 734144093 349703628 -384440465 1 oct 2010 to 31 dec 2010
28 Rei Agro Elara India Opportunities Fund Ltd 20553574 2.15 31.72 11.98 651959367 246231817 -405727551 1 jan 2010 to 30 june 2010
29 Dhanlakshmi Bank Elara India Opportunities Fund Ltd 2648220 3.11 53.38 71.45 141361984 189215319 47853335 1 july 2007 to 30 sep 2007
30 Pritish Nandy Comm Elara India Opportunities Fund Ltd 1000000 6.91 29.56 14.7 29560000 14700000 -14860000 1 jan 2010 to 30 june 2010
31 Usha Martin Educatn. Elara India Opportunities Fund Ltd 1277291 4.84 34 10.46 43427894 13360464 -30067430 1 apr 2010 to 30 sep 2011
32 Strides Arcolab Elara India Oppurtunities Fund Ltd 976863 1.66 598.9 1121 585043251 1095063423 510020172 1 oct 2011 to 30 sep 2012
33 Gallantt Metal Elara India Opportunities Fund Ltd 5000000 6.15 11.32 27.65 56600000 138250000 81650000 1 oct 2008 to 31 dec 2008
34 Adhunik Metaliks Elara Capital Plc A/c Clearwater Capital Partnerssingapore Fund III Pvt Ltd 3773658 3.06 108 35.3 407555064 133210127 -274344937 1 oct 2009 to 31 dec 2010
35 Usher Agro Elara India Opportunities Fund Ltd 2590312 6.81 92.57 60.6 239785182 156972907 -82812275 1 jan 2011 to 31 mar 2011
36 Autoline Inds Elara India Opportunities Fund Ltd 200778 1.64 164.91 159.9 33110300 32104402 -1005898 1 july 2012 to 30 sep 2012
37 Sancia Global Infra Elara India Opportunities Fund Ltd 766925 1.77 31.58 3.08 24219492 2362129 -21857363 1 oct 2009 to 31 dec 2009
38 Nitin Fire Protectn Elara Capital PLC A/c Vespera Fund Ltd 5401916 2.45 52.86 69.35 285545280 374622875 89077595 1 apr 2012 to 30 sep 2012
39 Nitin Fire Protectn Elara India Opportunities Fund Limited 3723553 1.69 38.18 69.35 142165254 258228401 116063147 1 jan 2012 to 31 mar 2012
40 SE Investments Elara India Opportunities Fund Ltd 1396704 3.44 45.87 376 64066812 525160704 461093892 1 apr 2009 to 30 june 2009
41 Renaissance Jewell Elara India Opportunities Fund Ltd 507034 2.66 78.33 73.1 39715973 37064185 -2651788 1 apr 2010 to 31 dec 2010
42 C Mahendra Exports Elara India Opportunities Fund Ltd 1587444 2.65 115 80 182556060 126995520 -55560540 Jan-11
43 Rossell India Elara India Opportunities Fund Ltd 3500000 9.54 na data no data 0 0 0
44 Gallantt Ispat Elara India Opportunities Fund Ltd 1325145 4.95 60 63 79508700 83484135 3975435 1 july 2010 to 31 mar 2011
45 SE Power Elara India Opportunities Fund Ltd 2144704 5.28 na data na data 0 0 0
12098537907 8917941564 -3583477907 NET
NET LOSS IN INVESTMENTS 358,34,77,907 INDIAN RUPEES
Wow…a net loss of 358 Crores…whew !!