Now Reading: SME IPO stock turns Rs 1.44 lakh into Rs 33.12 lakh in 10 years
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SME IPO stock turns Rs 1.44 lakh into Rs 33.12 lakh in 10 years
SME IPO stock turns Rs 1.44 lakh into Rs 33.12 lakh in 10 years
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.…
The Story in Brief
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.
The Indian Opinion
Headlines about 23x or 6,950% returns make IPO investing sound like a lottery win, but they hide the real story. For every Shanti Educational or NPST, dozens of SME stocks languish or fail. Investors who bought at the IPO peak and sold in a panic would have earned far less. The sequential jump in Shanti's profit looks impressive until you notice revenue fell sharply from last quarter. Instead of chasing multibaggers, watch whether these companies can sustain growth in the next two quarters. A single quarter does not make a trend, and a 10-year hold is not a tip, it is a discipline.
Sources (2): livemint.com, livemint.com (2)
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
