Peak XV Partners exits One Mobikwik Systems for Rs 133 crore; Viridian, Societe Generale, Elimath Advisors buy 6.31% shares- Moneycontrol.com

Peak XV Partners exits One Mobikwik Systems for Rs 133 crore; Viridian, Societe Generale, Elimath Advisors buy 6.31% shares- Moneycontrol.com

Peak XV Partners, formerly known as Sequoia Capital India and SEA, has exited One Mobikwik Systems, the digital wallet services provider, for over Rs 133 crore via open market transactions on April 28.

However, the stock maintained its uptrend for second consecutive session despite significant volatility, rising 1.66 percent to Rs 228.71 on the National Stock Exchange. The trading volumes remained higher for another session, while the stock failed to give a close above 200-day EMA for another session.

Peak XV Partners Investments IV, the venture capital investment vehicle owned by Peak XV Partners, exited Mobikwik by selling its entire shareholding of 62.15 lakh shares (7.89 percent stake) for Rs 133.01 crore. The selling price was Rs 214.01 per share.

However, Viridian Asia Opportunities Master Fund, Societe Generale, and Elimath Advisors were buyers for some of the shares sold by Peak XV Partners.

Hong Kong-based hedge fund Viridian Asia Opportunities Master Fund has picked up 13.2 lakh shares (1.67 percent stake) for Rs 28.26 crore, European bank Societe Generale 6.6 lakh shares (0.83 percent stake) for Rs 14.13 crore, and Mathew Cyriac-owned Elimath Advisors acquired 30 lakh shares (3.81 percent stake) for Rs 64.2 crore, which all totalled to 6.31 percent stake. The buying price was Rs 214 per share.

Meanwhile, the brisk action was also seen in Wheels India, the steel wheel manufacturer, which shares closed 1.07 percent higher at Rs 1,064.25 after high volatility on the National Stock Exchange.

Nippon India Mutual Fund sold 1.95 lakh shares (0.81 percent stake) in Wheels India for Rs 20.68 crore at Rs 1,060.69 per share. As of March 2026, Nippon Life India Trustee through Nippon India ELSS Tax Saver Fund held 4.26 percent stake in the company.

ArisInfra Solutions shares were also in focus, rising 7.24 percent to Rs 132.08 on the BSE, and soaring 3.38 percent to Rs 128.44 amid high volumes on the National Stock Exchange.

Motilal Oswal Financial Services has bought 41.41 lakh shares (5.06 percent stake) in ArisInfra, the B2B platform for construction materials, for Rs 50.83 crore at Rs 122.76 per share, while Calliope Capital Advisors LLP has acquired 6.04 lakh shares (0.73 percent) for Rs 7.32 crore at Rs 121.03 per share.

On other side, Neomile Corporate Advisory sold 17.5 lakh shares at Rs 121.01 per share, and its Category-III alternative investment fund Neomile Growth Fund-Series I offloaded 22.5 lakh shares at Rs 121 per share, which totalled to 4.89 percent stake worth Rs 48.4 per share.

As per shareholding pattern March 2026, Neomile Growth Fund – Series I held 5.72 percent stake in ArisInfra.

Further, Marwadi Shares and Finance sold 7 lakh shares in ArisInfra at Rs 132 per share, valued at Rs 9.24 crore, and Thakkar Nileshkumar Farshuram HUF offloaded 5 lakh shares at Rs 121.01 per share, amounting to Rs 6.05 crore.

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