{"id":39956,"date":"2024-07-04T16:27:33","date_gmt":"2024-07-04T10:57:33","guid":{"rendered":"https:\/\/www.equentis.com\/blog\/?p=39956"},"modified":"2024-08-13T13:19:35","modified_gmt":"2024-08-13T07:49:35","slug":"ashish-dhawan-portfolio-shareholdings-investments","status":"publish","type":"post","link":"https:\/\/www.equentis.com\/blog\/ashish-dhawan-portfolio-shareholdings-investments\/","title":{"rendered":"Ashish Dhawan Portfolio, Shareholdings & Investments"},"content":{"rendered":"
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Introduction<\/h2>\n\n\n\n

Ashish Dhawan is a prominent figure in private equity investments<\/a> and is recognized for his wealth and philanthropy in India. Through his firm, Chrysalis Capital, Dhawan manages a portfolio of high-performing stocks, propelling Ashish Dhawan’s net worth past Rs.3,794 crore<\/a> (Q4 FY 2023-24). <\/p>\n\n\n\n

Whether navigating the intricacies of investments or effecting meaningful change, Ashish Dhawan stands out as a notable figure. How did he make it this far? What are his investing principles? Let\u2019s analyze his portfolio to study how ace investors think. <\/p>\n\n\n\n

Who is Ashish Dhawan?<\/h2>\n\n\n\n

Ashish Dhawan, born in 1969 in New Delhi, is a 54-year-old private equity investor. In India, he is a prominent figure in finance and education, known for wearing many hats as an investor, philanthropist, and entrepreneur. Ashish Dhavan graduated from Yale University and later earned an MBA from Harvard. He is a member of Harvard’s India Advisory Board and Yale\u2019s Development Council.<\/p>\n\n\n\n

Ashish Dhawan began his career in 1992 at the boutique Wall Street bank Wasserstein Perella and Company. He then worked for Goldman Sachs in New York and, in 1999, co-founded ChrysCapital, one of India\u2019s largest private equity funds<\/a>, with Raj Kondur.<\/p>\n\n\n\n

Dhawan is the founder and CEO of the Convergence Foundation (TCF), which aims to boost India\u2019s economic growth and development. He also serves as the chairperson of Ashoka University, a leading liberal arts institution, and the Central Square Foundation, a nonprofit dedicated to improving the quality of education for all children in India. <\/p>\n\n\n\n

Ashish Dhawan Portfolio:<\/h2>\n\n\n\n

The following is the list of Ashish Dhawan\u2019s portfolio stocks (as per the quarter ending March 2024)-<\/p>\n\n\n\n

Stock <\/strong><\/td>Percentage share in the company<\/strong><\/td>Number of shares<\/strong><\/td>Value of shares (Rs. in crores)<\/strong><\/td><\/tr>
RPSG Ventures Limited<\/td>3.73<\/td>1234286<\/td>81.51<\/td><\/tr>
Religare Enterprises Limited<\/td>2.31<\/td>7605608<\/td>166.05<\/td><\/tr>
Quess Corp Limited<\/td>3.95<\/td>5861223<\/td>356.16<\/td><\/tr>
Palred Technologies Limited<\/td>5.54<\/td>678189<\/td>7.86<\/td><\/tr>
Mahindra and Mahindra Financial Services<\/a> Limited<\/td>1.18<\/td>14600000<\/td>414.71<\/td><\/tr>
IDFC Limited <\/td>3.50<\/td>56000000<\/td>641.31<\/td><\/tr>
Greenlam Industries Limited<\/td>3.77<\/td>4814210<\/td>290.78<\/td><\/tr>
Glenmark Pharmaceuticals Limited<\/td>2.55<\/td>7200000<\/td>868.39<\/td><\/tr>
Equitas Small Finance Bank Limited<\/td>3.56<\/td>40370000<\/td>392.72<\/td><\/tr>
Dish TV India Limited<\/td>1.57<\/td>28957491<\/td>43.15<\/td><\/tr>
Arvind Fashions Limited<\/td>4.94<\/td>6564065<\/td>309.27<\/td><\/tr>
AGI Greenpac Limited<\/td>4.79<\/td>3100000<\/td>221.87<\/td><\/tr><\/tbody><\/table>
(Source- MoneyControl<\/a>) <\/figcaption><\/figure>\n\n\n\n

<\/p>\n\n\n\n

Ashish Dhawan Portfolio Analysis<\/h2>\n\n\n\n
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  1. Sectoral analysis:<\/li>\n<\/ol>\n\n\n\n

    Ashish Dhawan’s portfolio holds a major share of medium and small computer software stocks, nearly 18.9%<\/a>. Media and entertainment stocks, computer software training company stocks, pharmaceuticals, private bank stocks, engineering company stocks, and finance and investment stocks each have an 8.9% share in the portfolio. <\/p>\n\n\n\n

      \n
    1. Portfolio changes:<\/li>\n<\/ol>\n\n\n\n

      During FY2023, Ashish Dhawan acquired a 3.6% stake in Equitas Small Finance Bank at Rs.355.9 crores. The acquisition followed the increase in the company’s quarterly revenue and profits. He also increased his holdings in Glenmark Pharmaceuticals by 0.1% in March 2023. <\/p>\n\n\n\n

        \n
      1. Dividend:<\/li>\n<\/ol>\n\n\n\n

        Six of the 12 stocks in Ashish Dhawan holdings gave dividend yields as of the March 2024 quarter. The quarterly dividend yields were as follows-<\/p>\n\n\n\n

        Stock <\/strong><\/td>Dividend Yield (%)<\/strong><\/td><\/tr>
        Arvind Fashions Limited<\/td>0.26<\/td><\/tr>
        AGI Greenpac Limited<\/td>0.84<\/td><\/tr>
        Quess Corp Limited<\/td>1.64<\/td><\/tr>
        Greenlam Industries Limited<\/td>0.27<\/td><\/tr>
        Glenmark Pharmaceuticals Limited<\/td>0.21<\/td><\/tr>
        Mahindra and Mahindra
        Financial Services Limited<\/td>        		2.17<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

        Ashish Dhawan Net Worth<\/h2>\n\n\n\n

        Ashish Dhawan\u2019s net worth for the quarter ending March 2024 was Rs.3454.31 Cr., which is 3.01% lower than the previous quarter. But by the end of the first quarter of FY24-25, on 30th June 2024, the net worth rose by 13.66% to reach Rs.3926.21 Cr. The rise was seen owing to the returns brought in by the top picks of the stock portfolio-<\/p>\n\n\n\n