Vijay Kedia Acquires 3.58 Lakh Shares in IT Company That Nearly Doubled Investors’ Returns!

In a significant investment move, Kedia Securities, backed by prominent investor Vijay Kedia, has acquired 3.58 lakh shares of Exato Technologies, elevating their combined stake to 9.68% of the company’s paid-up capital. This acquisition, representing a 3.56% increase in holdings, signals renewed investor confidence in Exato Technologies, a technology services provider that has experienced remarkable growth, with its stock appreciating over 90% in the past year. The increased stake is likely to enhance visibility and investor interest in the company as it garners attention in the rapidly evolving SME sector.

Exato Technologies specializes in customer engagement and digital transformation solutions, positioning itself as a partner in customer experience (CX) and artificial intelligence (AI) services. The firm caters to over 150 clients, including notable ET500 companies, showcasing its capability to handle large-scale enterprise needs. The company’s offerings—ranging from CX-as-a-Service to automation and analytics solutions—are designed to enhance customer journeys and operational efficiency, indicating solid fundamentals that could justify its strong stock performance.

The company’s IPO, launched in November 2025, was met with overwhelming demand, evidenced by an opening with a grey market premium of approximately 83%. This robust initial interest reflects a strong market appetite for Exato Technologies’ shares, further supported by Kedia’s endorsement, which resonates with retail investors. Notably, Kedia has asserted that stock prices ultimately align with underlying fundamentals, reinforcing confidence in Exato Technologies’ growth trajectory following its successful market debut.

As Exato Technologies continues to solidify its position in the technology services sector, Kedia Securities’ increased stake potentially positions the company for further capital inflow and expansion. Investors should monitor the stock closely, considering Kedia’s historical strategy of backing firms with strong fundamentals and growth potential, as Exato Technologies advances its mission to transform customer experiences through innovative digital solutions.

Source: The Economic Times

(Expert Note: This report was prepared by the Wealthova team.)