Here’s a challenge. Using the five clues below, identify the company that is being talked about here.
1 My corporate identity carries a word every adult Indian knows and uses frequently. I’ve had this identity since inception, about 15 years ago.
2 A change in control a few years ago saved me from a dubious parentage and brought me into a highly respected group—one that now holds the maximum permissible stake, even after having recovered nearly all of its original investment.
3 Despite strong institutional interest in my IPO, I got listed with no premium to the offer price. Even now, markets value me at only a marginal premium.
4 Though public ownership is just 10 per cent of the company, I manage to retain over two lakh shareholders, each holding on average less than ₹1 lakh worth of equity.
5 My profits have grown at over 20 per cent CAGR over the last 1, 3, and 5 years in a highly competitive business, without diluting margins.
Last week’s stock: ITD Cementation India
Last week’s winner: Hena Jabeen