India’s flourishing IPO market has captured the attention of institutional investors and celebrities alike, who are reaping substantial profits from their investments. From cricket icons to Bollywood stars, many have strategically invested in companies prior to their public offerings. Let’s explore how some of these famous figures have benefitted in recent years.
Aamir Khan and Ranbir Kapoor: Profiting from DroneAcharya Aerial Innovations
Both Aamir Khan and Ranbir Kapoor have enjoyed impressive returns from their investments in DroneAcharya Aerial Innovations.
- Investment Details:
- Aamir Khan invested Rs 25 lakh to acquire 46,600 shares, representing a 0.26% stake.
- Ranbir Kapoor invested Rs 20 lakh for 37,200 shares, amounting to a 0.21% stake.
- The pre-IPO share price was around Rs 53.59.
- Market Performance:
- The company debuted on the BSE SME exchange on December 23, 2022, with an opening price of Rs 102. By March 7, 2023, the stock closed at Rs 155.85, reflecting a 45.52% increase since its launch.
- Aamir Khan’s investment has surged to Rs 72.62 lakh, while Ranbir Kapoor’s shares are now valued at Rs 57.97 lakh, nearly tripling their initial investments.
Sachin Tendulkar: Investing in Azad Engineering
Cricket legend Sachin Tendulkar has also made headlines with his investment in Azad Engineering.
- Investment Details:
- In March 2023, Tendulkar acquired 438,120 shares at an average price of Rs 114.10, amounting to about Rs 4.99 crore.
- Market Performance:
- Azad Engineering listed on December 28, 2023, opening at Rs 720 per share. As of March 7, the stock closed at Rs 1,355.30, providing Tendulkar’s investment with an astonishing nearly 12-fold increase, now valued at Rs 59.39 crore.
Alia Bhatt and Katrina Kaif: Profits from Nykaa Investments
Both actresses have seen significant growth from their investments in Nykaa.
- Alia Bhatt:
- In July 2020, Bhatt invested Rs 4.95 crore. By the time Nykaa went public on November 10, 2021, her investment had soared to Rs 54 crore, representing an 11-fold increase.
- Katrina Kaif:
- Kaif established a joint venture called Nykaa-KK Beauty in 2018 with an investment of Rs 2.04 crore, which grew to Rs 22 crore by the time of the listing, also reflecting an 11-fold increase.
- Market Performance:
- Nykaa shares debuted at Rs 2,129 but experienced a significant decline, closing at Rs 156.50 on March 7, 2023, a drop of 60.18% from its listing price.
Ajay Devgn: Gains from Panorama Studios
Actor Ajay Devgn has also seen notable returns through a preferential issue with Panorama Studios.
- Investment Details:
- On March 4, Devgn acquired 100,000 equity shares at Rs 274 per share, totaling an investment of Rs 2.74 crore.
- Market Performance:
- The closing price before the allotment was Rs 948.40, and as of March 7, the stock closed at Rs 995, providing Devgn with an impressive return of 363.13%, valuing his investment at Rs 9.95 crore.
India’s IPO boom has proven to be a lucrative opportunity for both seasoned investors and celebrities. By making strategic investments in promising companies, these public figures have diversified their portfolios while achieving significant financial growth. As the IPO landscape continues to evolve, it will be fascinating to observe how these investments develop in the future.
