SG Finserve to Spright Agro: 7 small cap stocks that gave 200x return in 3 years

Investing in equity instruments needs a meticulous strategy and a keen watch on stock markets for making money. Most retail investors often choose penny stocks or small cap stocks due to low prices. Such stocks also offer quick gains with upward movement in broader markets.

If you have also heard of anyone in your circle boasting about multiplying the investment by over 100 times or more in just a couple of years through a single stock basket, then it could most probably be about smallcap stocks.

In India, smallcap stocks refer to shares of companies that have a market capitalisation of less than ₹5,000 crore. These are relatively smaller companies, but offer unparalleled growth potential.

Though trading in these stocks is considered risky as the finances of these companies are extremely vulnerable to economic or operational challenges, you can still find some gems if you diligently stick to important fundamental principles like business growth potential, management profile and profit and loss statement.

Here we have compiled a list of seven such smallcap stocks that have gained up to 20,000%, or a whopping 200 times, within a short time duration of just three years. Take a look:

Incorporated in 1995, Integrated Industries is in the business of organic and inorganic foods products, bakery products and other processed foods items. The company manufactures biscuits and cookies Under the brand name Richlite, Funtreat and Canberra at its production facilities in Neemrana, Rajasthan.

The company had recently approved the allotment of new shares under its 1:1 bonus issue announced earlier this year.

Incorporated in 1994, SG Finserve focuses on revolutionising supply chain financing solutions. It is an RBI-registered non-banking finance company (NBFC) providing inclusive business financing solutions to channel partners. The company recently reported doubling of sales rose to ₹58.55 crore in the March 2024 quarter as against ₹27.54 crore a year ago. Net profit also rose 69.4% to ₹23.8 crore in Q4FY24 from the year-ago period.

Established in 1986, MK Ventures Capital is an NBFC and also offers mutual fund distribution, IPO activities, life insurance, providing loans and other financial services. Its management changed in 2021-22. The former promoters Indra Kumar Bagri and others ceased to be the promoters after ace investor Madhusudan Kela acquired 83.66% of the equity shares of the company through an open offer and share purchase agreements.

Incorporated in 1994, Sri Adhikari Brothers Television Network operates in the field of content production and syndication of content to various broadcasters, aggregators and satellite networks. The company founded general entertainment channel 'SAB TV' that went on to become the market leader in the genre of light-hearted comedy and it was later acquired by Sony Network.

It is one of the six firms that emerged as successful bidders for getting government incentives to set up facilities to manufacture electrolysers, a critical component required for green hydrogen production.