Actionable insights on equities, fixed-income, macros and personal finance Start 14-Days Free Trial
Actionable investing insights Get Free Trial

Macquarie Bank exits Gati with stake sale to Madhav Bhatkuly’s New Horizon Opportunities Master Fund


Gati LogoGati is a pioneer in Express Distribution and Supply Chain Solutions. It runs a logistics business, essentially doing door to door parcel delivery.

The stock closed at Rs. 181.25/- a gain of over 10%.

Gati Share Price July 2016

Macquarie Bank sold 5,000,000 shares or 5.7% (avg. purchase price is close to Rs.106/-) to New Horizon Opportunities Master Fund (headed by Madhav Bhatkuly) at an avg. price of Rs. 172.50/- per share thereby valuing the deal at Rs. 86.25 crore.

Macquarie logo

Macquarie Group Limited is a global investment banking and diversified financial services group, providing banking, financial advisory and investment and funds management services to institutional, corporate and retail clients and counterparties around the world. Headquartered in Sydney, Macquarie is the largest Australian investment bank and the top ranked mergers and acquisitions advisor in Australia.

GAM Asset Management had launched an India fGAM Logound run by Mumbai-based investment adviser New Horizon. The GAM fund invests in high-conviction value portfolio of stocks with three to five-year view.



Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion.

Disclosure: The authors at Capital Mind have positions in the market and some of them may support or contradict the material given above, or may involve a direction derived from independent analysis.


Like our content? Join Capitalmind Premium.

  • Equity, fixed income, macro and personal finance research
  • Model equity and fixed-income portfolios
  • Exclusive apps, tutorials, and member community
Subscribe Now Or start with a free-trial