In December 2022, I Equitas Holding was about to undergo a merger with I Equitas Small Finance Bank at a 2.2621 merger ratio with an 18% merger arbitrage discount available, combined with attractive valuations and sectoral tailwinds, making it the fund's largest position at 5.5% weight, and it delivered over 100% returns in six months.

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Speaker

Gautam Baid

Evidence Quote

Over the next six months, the stock of I Equitas Holding delivered over a hundred percent returns.

Source

Investing in Quality Businesses & the Art of Lifelong Learning w/ Gautam Baid (TIP566)The Investor’s Podcast
Created: 8/12/2026, 10:28:19 PM

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