Vijay Kedia bought 3.58 lakh shares in this IT company, almost doubling the investors’ money

Vijay Kedia-backed Kedia Securities has acquired 3.58 lakh shares in Exato Technologies, raising the combined holding of the conglomerate and individuals to 9.68% of the company’s paid-up share capital. The stock has surged more than 90% in the past year, giving almost multibagger returns.

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

The move draws new 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 by 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 related to customer engagement and digital transformation. Its services include contact center solutions, workforce management, conversational AI and automation-based tools used by enterprises to manage the customer journey. On its website, the company describes its focus on 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 has in November 2025 raised its Rs. 37.45 crore SME IPO launched, with strong gray market demand ahead of listing. The IPO opened with a gray market premium of around 83%, indicating investor interest in the counter even before its launch.

Shares listed on BSE SME platform in December 2025 after closure of book-built issue on December 2.

Cadia’s tie-up with Exato Technologies has also attracted attention due to its following among retail investors. Stock prices are finally responding to fundamentals after Exato Technology made a strong debut following its SME IPO, a market veteran earlier said, as reported by the Economic Times.

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