VC fund (Cat II) · SEBI registry
Stellor Investments Opportunity Fund
Not disclosed · Manufacturing & Industrials · Mumbai
At a glance
- Stage focus
- Not disclosed
- Primary sector
- Manufacturing & Industrials
- City
- Mumbai
- HQ / office
- Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra (manager registered address); Nithia Capital is headquartered in Singapore with offices in London, Mumbai and Dubai
- Fund registered
- 2025
- Investments on record
- 3
- Corpus (as reported)
- ~US$1.0 billion managed (2022); ~US$500m invested cumulatively since 2010, incl. ~US$300m in Indian steel since 2019
- Website
- nithiacapital.com
- Profile ↗
About
The fund is linked to Nithia Capital, a global advisory and investment firm (founded 2010 by Jai Saraf) that specialises in turning around underperforming heavy-industry assets in steel, power, resources and industrials; in 2020-21 Nithia and CarVal Investors acquired Uttam Galva Metallics and Uttam Value Steels via Wardha Steel Holdings for ~US$273m.
Investment focus
Special situations / distressed & turnaround investing in heavy asset-backed industries — steel, power, resources/metals & mining and allied industrials (control / private-equity-style stakes)
SEBI registration
SEBI AIF Category II — reported as “Cat II”
- IN/AIF2/25-26/1775
SIDBI Fund of Funds
None found
Notable portfolio
Uttam Galva Metallics; Uttam Value Steels; Wardha Steel Holdings (Uttam Group)
Team & organisation
~8 named senior team members (Founder/CEO Jai Saraf plus leadership); investment-professional count not separately disclosed
Category II AIF managed by Nithia Capital (global advisory/investment firm founded 2010, offices in Singapore, London, Mumbai, Dubai); turnaround/special-situations focus on steel, power, resources, industrials. Fund = Stellor Investments Opportunity Fund.
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Frequently asked
- What does Stellor Investments Opportunity Fund invest in?
- Special situations / distressed & turnaround investing in heavy asset-backed industries — steel, power, resources/metals & mining and allied industrials (control / private-equity-style stakes)
- How do I pitch Stellor Investments Opportunity Fund through iHub India?
- Create a free startup account, open a funding round, and send a structured pitch from this profile. If the investor accepts, contact details are shared and the conversation moves into a tracked deal room.
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About this record
- ⚑ foreign-HQ (Singapore) + PE / special-situations & distressed steel/industrials turnaround fund — not startup VC
Compiled from SEBI registrations and public sources as of 2026-07. iHub India lists investors neutrally and does not endorse, rank, or verify investment terms — confirm all details directly with the investor before transacting.
Sources: https://nithiacapital.com; https://sg.linkedin.com/company/nithia-capital