In this episode, our co-founder Sandeep Jethwani talks to Ankit and Rajat Kedia - the dynamic brothers behind Manjushree Technopack, who transformed their father's umbrella manufacturing business into one of India's largest packaging solutions providers.

Their success metrics tell a remarkable story:

• A modest ₹4 crore IPO in 1994 grew to deliver 45x returns to early investors
• Scaled from ₹6 crores to ₹13.5 crores in just one year
• Built a client roster including Coca-Cola, PepsiCo, and GSK
• Executed two successful PE exits with Kedaara Capital and Advent International
• Grew into a ₹2,000+ crore packaging mammoth by FY23

Key takeaways from this episode:

➡️ 45x returns for early investors - How a 10-rupee share from their 1994 IPO turned into a 456-rupee buyback in 2014, becoming a landmark exit in India’s packaging industry.

➡️ Surviving the times of crisis - The story of navigating through one of India’s toughest market disruptions (in 1994) while still pushing their first IPO to success.

➡️ Taking bold risks - Executing a successful FPO during the 2008 financial crisis—how their risk-taking propelled the business to new heights.

➡️ Building a structured family office after a successful exit - how they created a robust investment strategy, diversifying across asset classes while staying focused on operational businesses.

Listen in for a masterclass on entrepreneurship, family leadership, and long-term wealth creation.