# SME IPO stock turns Rs 1.44 lakh into Rs 33.12 lakh in 10 years 2026-08-12T21:51:25+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Shanti Educational Initiatives, listed on the BSE SME platform in June 2016 at Rs 90 per share, has turned a Rs 1.44 lakh investment into about Rs 33.12 lakh in 10 years. A 1:10 stock split in July 2022 increased one lot of 1,600 shares to 16,000, and the stock now trades around Rs 207, a 23-fold gain. Livemint reports the company's Q1 net profit fell 2.7% year-on-year to Rs 2.82 crore but surged 187% sequentially from Rs 98.4 lakh. Revenue rose 7.5% to Rs 16.30 crore, while EBITDA margin contracted to 26.5% from 27.2%. Separately, Network People Services Technologies (NPST) shares jumped over 8% on 11 August 2026 despite weak markets. NPST's Q1 total income rose 75% to Rs 61.42 crore and net profit climbed 53% to Rs 11.05 crore. The stock has rallied 6,950% in five years. ## Coverage - livemint.com - livemint.com Tags: IPO returns, Q1 results, Shanti Educational, SME stocks, stock split, wealth creation Canonical: https://indianopinion.org/shanti-educational-ipo-turns-rs-1-44-lakh-into-rs-33-12-lakh/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/shanti-educational-ipo-turns-rs-1-44-lakh-into-rs-33-12-lakh/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.