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Home Trending News Trending News 'IPO mein pagalpan chal raha hai’: Veteran investor says a Paanwaala will next enter market with AI-enabled paan

'IPO mein pagalpan chal raha hai’: Veteran investor says a Paanwaala will next enter market with AI-enabled paan

Investor says a Paanwaala might enter the IPO, with a startup that sells AI-enabled, DeepTech-driven paan, which he supplies to the Data Centre.

By Ishita Ganguly
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Vijay Kedia

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In a recent interview, Indian investor and stock trader Vijay Kedia said the IPO is going crazy at the moment.

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Talking on NDTV Profit Ignite, Kedia said next a Paanwaala will enter the stock market, claiming he founded a startup that sells AI-enabled, DeepTech-driven paan, which he supplies to the Data Centre.

In the discussion, he remarked that any product can be sold at this moment, but it is up to the investor to think before investing.

Shares of Vijay Kedia-backed Vaibhav Global Limited (VGL) leapt as much as 13% to hit their day’s high of Rs 292 on Thursday, October 30, after the company reported a strong set of numbers for the September quarter, driven by huge revenue growth, improved margins, and solid execution across markets.

As per September shareholding data on the NSE, expert investor Vijay Kedia held over 33.75 lakh shares in the company.

Netizens respond

“An Indian paanwala serving AI-enabled, DeepTech-driven, Data Centre-supplied paan  — that’s India’s digital revolution in one frame. From street corners to startups, innovation now runs in every lane — redefining how investors see “tech”, commented a user.

Another user said, “Real investors have the mindset, not the polish.”

“Day trading secrets revealed….powered by Chai and Quantum Computing,” remarked a third user.

Who is Vijay Kedia?

Kolkata-born Vijay Kedia realised his passion for the stock market at 14 and started trading at 19, without success. After a few years, he went to Mumbai to try his luck.

Kedia strictly adheres to SMILE as a principle in investing, which translates into Small in size, Medium in experience, Large in aspiration and Extra-large in market potential.

On his investment strategy, he says: "One should scout for companies which have good management... Find a very good management, a very honest management and see the product in which the management is going to grow, going to outperform its peers and the economy... invest in those companies for the next 10–15 years, and you cannot go wrong."

Also read: ‘Not really financially driven, it's culture,’ says Amazon CEO Andy Jassy about 14,000 job cuts; faces backlash (startuppedia.in)

Tags: IPO