Singapore Government and Motilal Oswal Buy into PG Electroplast

Singapore Government and Motilal Oswal Buy into PG Electroplast

There was a big shakeup in the ownership of PG Electroplast on Tuesday, May 27th. The Government of Singapore and Motilal Oswal Asset Management Company made significant purchases in a block deal, signaling growing interest in this electronic manufacturing services provider.

According to exchange data, the Government of Singapore scooped up 38.19 lakh shares, representing 1.34% of PG Electroplast’s total outstanding shares. Meanwhile, Motilal Oswal AMC acquired 15.9 lakh shares, or 0.56% of the company’s equity. Both entities paid an average price of ₹754.8 per share for their new holdings.

Promoter Selling Raises Eyebrows

Interestingly, three PG Electroplast promoters – Vishal Gupta, Vikas Gupta, and Anurag Gupta – sold a combined 50 lakh shares each in the block deal. This equates to 1.76% of the total outstanding shares for each promoter, resulting in a 5.3% stake being sold overall.

Before the sale, Vishal Gupta held a 17.95% stake, Vikas Gupta had 17.82%, and Anurag Gupta owned 10.46%.

New Investors on the Block

While the Government of Singapore’s name isn’t on PG Electroplast’s shareholding list for the March quarter, Motilal Oswal already had exposure through its Flexi Cap Fund, which held a 2.65% stake as of March 31, 2025.

A Stellar Run for PG Electroplast

PG Electroplast has seen its share price soar over the past year. Shares have tripled in value in the last 12 months, and over a five-year period, the stock has rallied an astonishing 22,000%.

Despite this impressive performance, PG Electroplast shares ended 0.7% lower on Tuesday at ₹766. The stock has been struggling in 2025, with a decline of 25%.