Madhusudhan Kela bought 6,90,000 shares, Goenka’s bought 6,25,000 and Nikhil Vora bought 3,10,000 shares of this multibagger FMCG stock
DSIJ Intelligence-1 / 29 Sep 2025/ Categories: Multibaggers, Trending
The stock gave multibagger returns of 1,580 per cent in 5 years and a whopping 8,800 per cent over a decade.
On Monday, the shares of GRM Overseas Ltd gained 1.6 per cent to Rs 367.05 per share from its previous closing of Rs 361.30 per share. The stock’s 52-week high is Rs 397.60 per share while its 52-week low is Rs 175.90 per share. The company has a market cap of over Rs 2,200 crore.
Significant investors have acquired stakes in GRM Overseas Limited, a leading multibagger-fmcg-stock-in-focus-as-company-welcomes-gst-cut-on-nuts-dried-fruits-and-ice-cream-id001-52273">FMCG packaged food company. The Madhusudhan Kela family company, Singularity Equity Fund I, led by veteran investor Madhu Kela and his son Yash Kela, purchased 6,90,000 shares. Concurrently, the RG Family Trust, associated with the Goenka family, including trustees and RP-SG Group promoters Harsh Vardhan Goenka and Anant Vardhan Goenka (who are noted for holdings in companies like Zensar Technologies and KEC International), acquired 6,25,000 shares. Additionally, Nikhil Vora bought 3,10,000 shares, signalling notable institutional and individual investor confidence in GRM Overseas.
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About the Company
Since its start in 1974 as a rice processing and trading house, GRM has evolved into a major consumer staples organisation and one of India's top five rice exporters. The company initially focused on the Middle East and the United Kingdom but has since expanded its market to 42 countries. With three processing units in Haryana and Gujarat, GRM has an annual production capacity of 440,800 MT and a large warehousing facility near the ports of Kandla and Mundra. The company sells its products under brands like "10X," "Himalaya River," and "Tanoush," as well as through private labels, and has recently focused on direct-to-consumer sales through major retailers both in India and abroad, while maintaining strict quality control.
According to Quarterly Results, the company reported net sales of Rs 334.4 crore and net profit of Rs 19.1 crore in Q1FY26 compared to net sales of Rs 375.3 crore and net profit of Rs 18 crore in Q1FY25. In its annual results, the net sales increased by 2.2 per cent to Rs 1,374.2 crore and net profit increased by 1 per cent to Rs 61.24 crore in FY25 compared to FY24.
The shares of the company have an ROE of 16 per cent and an ROCE of 14 per cent with 3 years ROE track record of 20 per cent. The stock gave multibagger returns of 1,580 per cent in 5 years and a whopping 8,800 per cent over a decade.
Disclaimer: The article is for informational purposes only and not investment advice.