Goldman Sachs, Morgan Stanley buy 4.9% in Sunteck for ₹268 crore


NEW DELHI: On Thursday, US-based firms Goldman Sachs and Morgan Stanley jointly acquired a 4.9% stake in Sunteck Realty from CLSA, a capital market company, for ₹268 crore through open market transactions.

According to block deal data from the BSE, Goldman Sachs, via its arm Goldman Sachs Bank Europe SE, bought 36.52 lakh shares, equating to a 2.5% stake in Sunteck Realty.

Moreover, Morgan Stanley, through its affiliate Morgan Stanley Asia (Singapore) Pte, purchased 35.09 lakh shares, which represents a 2.4% stake in the company.

The shares were acquired at an average price of ₹375.1 each, bringing the total deal value to ₹268.64 crore. CLSA, through its affiliate CLSA Global Markets Pte Ltd – ODI, sold the same number of shares at that price.

As of December 31, 2025, CLSA holds a 5.2% stake in Sunteck Realty.

Sunteck Realty shares increased by 3.65% to close at ₹388.80 per piece on the BSE.

In a separate transaction, Goldman Sachs sold 65,27,614 shares of Manappuram Finance to Morgan Stanley’s arm for ₹190 crore, with the shares sold at an average rate of ₹291.65 each.

Shares of Manappuram Finance rose by 1.77% to settle at ₹296.80 on the BSE.

  • Published On Jan 30, 2026 at 06:54 AM IST

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