Vijay Kedia buys 3.58 lakh shares in this IT company that nearly doubled investor money

Vijay Kedia-backed Kedia Securities has acquired 3.58 lakh shares in Exato Technologies, raising the combined holding of the firm and persons acting in concert to 9.68% of the company’s paid-up share capital. The stock has delivered near-multibagger returns in the last year, rising over 90%.

The acquisition marks a 3.56% stake in Exato Technologies. After the purchase, the combined holding of Kedia Securities and PACs, comprising Vijay Kishanlal Kedia and Neelu Pratik Kedia, increased to 9,74,293 shares.

The move brings fresh investor attention to Exato Technologies, a recently listed SME company operating in the technology services space. The company is positioned as a customer transformation partner, offering CX-as-a-Service, AI-as-a-Service, automation, unified communications and analytics solutions. It provides customer experience, artificial intelligence and enterprise communication solutions to more than 150 clients, including ET500 companies, according to company profile details available on Screener.

Exato Technologies works in areas linked to customer engagement and digital transformation. Its services include contact centre solutions, workforce management, conversational AI and automation-led tools used by enterprises to manage customer journeys. On its website, the company describes its focus as helping businesses improve customer experience through CCaaS solutions, workforce management and conversational AI.

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The stock has been in focus since its market debut. Exato Technologies launched its Rs 37.45 crore SME IPO in November 2025, with strong demand in the grey market before listing. The IPO had opened with a grey market premium of around 83%, reflecting investor interest in the counter even before its debut.The shares listed on the BSE SME platform in December 2025 after the book-built issue closed on December 2.Kedia’s association with Exato Technologies has also drawn attention because of his following among retail investors. The market veteran had earlier said stock prices ultimately respond to fundamentals after Exato Technologies made a strong debut following its SME IPO, according to an Economic Times report.

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