From ₹35 to ₹5,315: How This Little-Known Stock Made Early Investors Crorepatis
Let’s be real—most of us scroll past those “multibagger stock” headlines thinking they’re too good to be true. But sometimes, just sometimes, the market throws up a story that makes you sit up and take notice. Take Shilchar Technologies. Five years back, you could’ve picked up shares for less than a pizza—₹35 apiece. Today? Those same shares are trading north of ₹5,000. That’s not just growth; that’s like turning your Maruti 800 into a fleet of BMWs. Crazy, right?
The Numbers That’ll Make Your Head Spin
Okay, let’s do the math—and trust me, you’ll want to double-check these numbers because they’re wild. If someone had put ₹1 lakh into Shilchar back in June 2020, they’d be sitting on roughly ₹1.5 crore today. I know what you’re thinking: “That can’t be right.” But here’s the breakdown:
- June 2020: ₹35/share → ₹1 lakh buys ~2,857 shares
- Today: Those shares at ₹5,315 each = ₹1.51 crore
That’s a 15,000% return. To put that in perspective—while your FD was giving you 6% and the Nifty doubled, Shilchar investors were making generational wealth. The kind of return that makes you wonder why we bother with anything else.
Why Shilchar? The Inside Story
Now, here’s the thing—stocks don’t just magically go up like this. There’s always a story behind the numbers. With Shilchar, it’s a mix of smart business moves and being at the right place at the right time.
1. They Actually Made Money (Shocking, I Know)
Unlike those flashy startups burning cash, Shilchar kept it simple—solid revenues, real profits, and clean balance sheets. Their ROE has consistently been above 20%, which is like the business equivalent of scoring straight A’s.
2. Government Schemes Gave Them a Tailwind
Remember all that ‘Make in India’ talk? Well, Shilchar was one of the companies that actually benefited. Their niche in engineering components suddenly became hot property as local manufacturing got a push.
3. They Played the Long Game
While everyone was chasing quick flips in meme stocks, Shilchar quietly expanded their product lines and bagged government contracts. Not sexy, but effective—like eating your vegetables instead of ordering burgers every day.
The Dark Side No One Talks About
Now, before you rush to buy shares, let’s pump the brakes. Every rags-to-riches story has its pitfalls:
- Valuation worries: At 100+ P/E, you’re paying for perfection
- Competition heating up: Success attracts copycats
- Regulatory risks: One policy change can change everything
And here’s the kicker—most early investors probably sold too soon. Holding through 15,000% gains takes nerves of steel. I sure wouldn’t have.
Should You Jump In Now?
Honestly? I’m torn. On one hand, the growth story’s still intact. On the other, buying at all-time highs is like boarding a train that’s already left the station—you might catch it, or you might fall flat on your face.
If you ask me—and you’re reading this, so you kinda are—I’d say wait for a decent correction. Or better yet, start small with SIP-style investments. Because let’s face it: finding the next Shilchar is tough, but not losing your shirt is tougher.
The Real Takeaway
Here’s what I think matters more than the specific stock: the mindset. Spotting a Shilchar early takes research, patience, and a bit of luck. But more than anything, it takes the courage to back your conviction when everyone else thinks you’re crazy.
So next time you see some unknown stock at ₹50, maybe—just maybe—give it a second look. Because the next ₹5,000 stock is out there. The question is, will you see it before everyone else does?
Source: Livemint – Markets
