Quant.MF Raises Capri Global Holding to 5.96 %—Indicates Increased Institutional Interest

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In a Monday evening filing of exchange, non-banking financier Capri Global Capital Ltd. (CGCL) stated that Quant Mutual Fund has raised its stake to 5.96 %, crossing the 5 % statutory disclosure threshold. The incremental buy—executed through open-market blocks in the past week—is made just days after Quant emerged as the largest subscriber in Capri Global's ₹2,000 crore Qualified Institutional Placement (QIP), where its Small-Cap and Large-Cap schemes together invested around ₹540 crore.

Analysts believe the decision articulates Quant's confidence in CGCL's transition to non-traditional MSME lending into growth segments such as gold loans and affordable housing, aided by the company's expanding 1,100-branch network. The raised new capital in the QIP would be deployed in AI-based credit underwriting, data science upgrades, and increased rural penetration, initiatives management believes can drive assets under management beyond ₹30,000 crore by FY27.

Market reaction was muted—CGCL shares declined 0.8 % to ₹172 on the NSE—but experts note that sustained institutional buying is able to cap the downside risk following a roller-coaster quarter during which the stock moved 28 % peak-to-trough.

Key Highlights

Stake increase: Quant MF now owns 5.96 % of CGCL, up from ~1.5 % in Dec 2024.
Capital injection: Partially financed by participating in CGCL's recent ₹2,000 crore QIP.
Proceeds strategic application: Underwriting powered by AI, branch expansion, and diversification of liabilities.
Growth goals: Management is targeting ₹30,000 crore AUM and double-digit ROE by FY27.
Market take: Greater institutional float as cushion against short-term price fluctuations.