Damani, Madhu Kela join Ranbir Kapoor to back this smallcap; acquire stake via bulk deals. Shares surge 10%

Media and entertainment company Prime Focus has drawn marquee investors, with ace market veterans Ramesh Damani, Madhusudan Kela-owned Singularity AMC, and Utpal Sheth acquiring stakes through bulk and block deals on September 5. Following these stake acquisitions, the shares of Prime Focus hit their 10% upper circuit on the BSE.

According to NSE bulk and block deal data, Ramesh Damani purchased 8 lakh shares at Rs 142.55 per share, while Utpal Sheth acquired 17.5 lakh shares at the same price

Funds under Madhusudan Kela’s Singularity AMC also made significant bets: Singularity Large Value Fund II bought 18.5 lakh shares and Singularity Large Value Fund III picked up 30 lakh shares, together cornering nearly 2% stake in the company.

The latest round of investments also saw FE Securities and Samyak Enterprises purchasing 14.55 lakh shares each. Altogether, marquee investors acquired a 3.3% stake, translating into an infusion of around Rs 146.2 crore.

On the other hand, two major funds exited the counter. Singapore-based Marina IV Pte Ltd offloaded 38.91 lakh shares (1.1% stake), while Augusta Investments I Pte Ltd sold 54.48 lakh shares (1.75% stake).

Their entry comes just months after actor Ranbir Kapoor’s reported investment in Prime Focus Studio, further intensifying market buzz around the company.

Following their stake purchase, shares of Prime Focus zoomed 10% and were locked at their upper circuit at Rs 173.90 on the BSE.

The development follows earlier reports of actor Ranbir Kapoor investing Rs 15–20 crore in Prime Focus Studio through a preferential allotment. The company had earlier approved the issuance of over 46 crore shares, with Kapoor among the proposed allottees aiming to acquire about 12.5 lakh shares.

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Founded in 1997 by Namit Malhotra, Prime Focus has emerged as a global leader in visual effects (VFX) and post-production services. Its subsidiary Double Negative (DNEG) has won multiple Academy Awards for films such as TENET, Dune: Part One, and Dune: Part Two, bringing its Oscar tally to eight.

As of June 30, Malhotra himself held 1.49 crore shares in the company, equivalent to a 4.81% stake.

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