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Rivendell PE to net 6x return from 14 yr bet on auto parts maker headed for markets

By Ankit Agarwal

  • 26 Jul 2021
Premium
Rivendell PE to net 6x return from 14 yr bet on auto parts maker headed for markets
Credit: 123RF.com

Rivendell PE, formerly New Silk Route, is all set to clock over 6x return from its 14 year bet on a market-bound automotive components manufacturer, shows a VCCircle analysis.   After investing Rs 151 crore in 2007 in Gujarat-based Rolex Rings Ltd, it pumped in Rs 12.5 crore more in 2010, ......

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