IPO Boom: These famous celebs earned excellent returns by investing in public issue
₹25 lakh. Similarly, Ranbir Kapoor acquired 37,200 shares, representing a 0.21 percent stake, for ₹20 lakh. The pre-IPO share price for investors stood at approximately ₹53.59 per share.
Also read: KP Green Engineering IPO price band set at ₹137 - 144 per share; check GMP, issue dates, other key details of SME IPO DroneAcharya Aerial Innovations made its debut on the stock market on December 23, 2022, listed at ₹102 on the BSE SME exchange. As of March 7, the stock closed at ₹155.85, showcasing a notable return of 45.52% since its initial listing. At current market rates, Aamir Khan's investment stands at ₹72.62 lakh, while Ranbir Kapoor's shares are valued at ₹57.97 lakh, representing an impressive growth nearly three times their initial value.
Sachin Tendulkar's investment prowess has proven to be a game-changer with his stake in Azad Engineering. In March 2023, the cricket legend acquired 438,120 shares in Azad Engineering at an average price of ₹114.10 during its pre-IPO round, amounting to a stake worth ₹4.99 crore. When Azad Engineering was listed on December 28, 2023, it opened at ₹720 per share, and by March 7, its closing price soared to ₹1,355.3.
Based on the current market price, Sachin Tendulkar's investment has surged nearly 12 times in value, now standing at a remarkable ₹59.39 crore. Also read: Gopal Snacks IPO: GMP, subscription status, review to allotment date. Apply or not? In July 2020, Alia Bhatt made an investment of ₹4.95 crore in Falguni Nayar’s Nykaa.
Read more on livemint.com
