SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

HDFC Property Fund trims stake in Vascon Engineers

25 Jun 2015 Evaluate

HDFC Property Fund (HIREF), a closed-end real estate private equity (PE) fund, sponsored by Housing Development Finance Corporation, has distributed a majority of its stake in Pune-based Vascon Engineers (VEL) to existing investors at a loss of 75-80 per cent. This was one of the last major investments the PE fund was holding on to after it completed its seven-year tenure in 2013.

The fund held 12.83 per cent in Vascon, now pruned to 2.4 per cent. After this exit, the PE fund will have only one investment left, South India-based real estate projects company Ozone, in which it had invested Rs 25 crore.

Vascon Engineers has significant experience in providing EPC services, which include, constructing factories, hospitals, hospitality properties, office and residential complexes, shopping malls, multiplexes, IT parks and other buildings.

 

Vascon Engineers Share Price

36.26 -0.95 (-2.55%)
19-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4209.60
Rail Vikas Nigam 244.10
NCC 155.80
KEC International 541.65
Kalpataru Projects 1398.00
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: