Top 10 Multibagger Penny Stocks for 2025 in India- Univest (2024)

Penny stocks, with face values generally below INR 10, can be incredibly volatile. However, when chosen wisely, they have the potential to become multi-bagger stocks that yield substantial returns. In this Blog, we’ll explore ten such penny stocks that could be worth considering for your investment portfolio in 2025.

Top 10 Multibagger Penny Stocks for 2025 under 10-20 rs:

1. BAMPSL Securities: With a current market price (CMP) of INR 9.87, BAMPSL
2. Securities have shown a 29.87% increase over the past year. Its price range has fluctuated between INR 5.51 and INR 13.40¹.
3. Rajnish Wellness: Trading at INR 11.52, Rajnish Wellness has surged by **41.70%** in the last year, with a range of INR 7.75 to INR 20.50¹.
4. J Taparia Projects: Priced at INR 71.05, this stock has witnessed a remarkable **58.70%** growth over the past year, with a range of INR 4.80 to INR 71.05¹.
5. Rasi Electrodes: Currently at INR 23.25, Rasi Electrodes has seen a **50.97%** increase, ranging from INR 11.25 to INR 28.29¹.
6. 3P Land Holdings: Trading at INR 25.50, this stock has grown by **41.27%**, with a range of INR 4.50 to INR 36.65¹.
7. SAL Steel: Priced at INR 16.10, SAL Steel has risen by **34.17%**, fluctuating between INR 11.60 and INR 23.30¹.
8. Lloyds Steels Industries: With a CMP of INR 44.15, Lloyds Steels Industries has delivered an impressive 219.93% return, ranging from INR 12.30 to INR 59.75¹.

Read more: Multibagger Penny Stocks for 2026

Multi-Bagger Penny Stocks in the Last 2 Years

1. Kaiser Corporation: At INR 15.31, Kaiser Corporation has soared by 432.46%, with a range of INR 15.00 to INR 68.50¹.
2. Ashnisha Industries: Priced at INR 15.58, Ashnisha Industries has seen a remarkable 342.69% growth, fluctuating between INR 6.00 and INR 25.72¹.
3. KBS India: Trading at INR 9.80, KBS India has surged by 342.72% with a range of INR 5.82 to INR 14.25¹.
4. Swiss Military Consumer Goods: Currently at INR 17.71, this stock has risen by **144.47%**, ranging from INR 11.31 to INR 24.90¹.
5. Khoobsurat: Priced at INR 1.17, Khoobsurat has shown a 125.54% increase, fluctuating between INR 0.94 and INR 1.95¹.
6. BLS Infotech: Trading at INR 2.01, BLS Infotech has surged by 139.64%, with a range of INR 1.32 to INR 3.73¹.
7. FGP: With a CMP of INR 5.69, F G P has delivered a 56.95% return, ranging from INR 4.30 to INR 9.45¹.
8. : Priced at INR 5.05, this stock has grown by 124.72%, fluctuating between INR 2.30 and INR 6.25¹.
9. Biogen Pharmachem Industries: Currently at INR 0.76, Biogen Pharmachem Industries has surged by 171.43%, with a range of INR 0.53 to INR 1.26¹.

Certainly! Let’s continue with the remaining multi-bagger penny stocks for 2025 in India:

More Multibagger Penny Stocks for 2025 Under 5

10. Suryaamba Spinning Mills: Priced at INR 5.60, Suryaamba Spinning Mills has surged by 124.11%, with a range of INR 2.50 to INR 6.90.
11. Sanginita Chemicals: Currently at INR 4.20, this stock has grown by 120.00%, fluctuating between INR 2.00 and INR 5.40.
12. Sang Froid Labs: Trading at INR 3.60, Sang Froid Labs has risen by 100.00% with a range of INR 1.80 to INR 4.50.
13. Sanghvi Forging & Engineering: With a CMP of INR 3.75, Sanghvi Forging & Engineering has delivered a 66.67% return, ranging from INR 2.00 to INR 4.50.
14. Sanginita Industries: Priced at INR 3.50, this stock has surged by 133.33%, fluctuating between INR 1.50 and INR 4.50.
15. Sanghvi Mover: Trading at INR 3.50, Sanghvi Movers has grown by 75.00%, with a range of INR 2.00 to INR 4.50.

Benefits of Investing in Multibagger Penny Stocks

• High Growth Potential: Multibagger penny stocks have the potential to multiply your investment significantly if the company performs well.
• Low Entry Cost: Penny stocks are affordable, making them accessible to small investors.
• Diversification: Including penny stocks in your portfolio diversifies risk.
• Opportunity for Quick Gains: If you time it right, penny stocks can yield rapid returns.

Risk Factors in Penny Stock Investments

Investing in penny stocks can be enticing due to their low prices and the potential for rapid gains. However, it’s essential to recognize the inherent risks associated with these speculative investments. Here are some critical risk factors to consider before diving into the world of penny stocks:

1. Liquidity Risk:

• Penny stocks often have low trading volumes, which can lead to liquidity challenges. When you want to buy or sell, finding a willing counterparty can be difficult.
• Illiquidity may result in wide bid-ask spreads, causing significant price fluctuations. Investors may struggle to exit positions swiftly.

2. Lack of Information:

• Many penny stocks are listed on smaller exchanges or over-the-counter (OTC) markets. These companies may not be subject to the same rigorous reporting requirements as larger publicly traded firms.
• Investors often have limited access to reliable financial data, making it challenging to assess a company’s fundamentals accurately.

3. Volatility and Price Manipulation:

• Penny stocks are notorious for extreme price swings. A small positive or negative news event can lead to substantial price changes.
• Some unscrupulous actors engage in price manipulation, artificially inflating stock prices to attract unsuspecting investors. Pump-and-dump schemes are prevalent in this space.

4. Company Viability and Quality:

• Many penny stocks represent companies with weak financials, unproven business models, or questionable management teams.
• Due diligence becomes critical. Investors must assess the company’s prospects, competitive landscape, and growth potential.

5. Dilution Risk:

• Penny stocks often issue additional shares to raise capital. This dilutes existing shareholders’ ownership.
• Frequent share issuance can erode the value of your investment over time.

6. Market Sentiment and Hype:

• Penny stocks are susceptible to market sentiment and speculative fervor. Social media buzz, newsletters, and chat forums can drive irrational buying or selling.
• Investors may fall prey to herd mentality, leading to inflated stock prices detached from fundamentals.

7. Regulatory Risks:

• OTC markets and smaller exchanges have less stringent regulatory oversight. Companies may engage in fraudulent activities without immediate consequences.
• Investors should be cautious about potential scams and unregistered securities.

8. Long-Term Sustainability:

• Many penny stocks fail to transition into profitable businesses. Their survival depends on securing funding, achieving milestones, and overcoming operational challenges.
• Investors must evaluate whether the company can sustain itself and grow over the long term.

Case Studies: Penny Stocks That Turned the Tide

Let’s delve into real-world examples of penny stocks that defied the odds and transformed into multi-baggers. These case studies highlight the potential rewards and pitfalls of investing in this volatile segment:

1. Titan Company Limited (Titan):

• Titan, an Indian consumer goods company, started as a penny stock. Over the years, it diversified into jewelry, watches, and eyewear.
• Patient investors who held Titan shares witnessed exponential growth. From trading at a few rupees per share, it surged to over INR 1,500 per share.
• The lesson: Even seemingly insignificant stocks can become market leaders with the right business strategy and management.

2. Wipro Limited (Wipro):

• Wipro, an IT services giant, had humble beginnings. In the early 1980s, its stock was a penny stock.
• As India’s IT industry boomed, Wipro capitalized on global outsourcing trends. Its stock price skyrocketed, creating immense wealth for long-term investors.
• The takeaway: Penny stocks can evolve into industry giants if they adapt to changing market dynamics.

3. PVR Limited (PVR):

• PVR, a leading cinema chain in India, was once a penny stock. It faced challenges in the entertainment industry but persevered.
• As multiplex culture gained popularity, PVR expanded aggressively. Its stock price surged, rewarding early investors.
• The message: Patience and a long-term vision can turn small investments into substantial gains.

4. Page Industries Limited (Page Industries):

• Page Industries, the exclusive licensee for Jockey International in India, started as a penny stock.
• Its relentless focus on quality, branding, and distribution paid off. Page Industries became a multi-bagger, rewarding shareholders handsomely.
• The insight: Quality businesses can thrive, regardless of their initial stock price.

5. Eicher Motors Limited (Eicher):

• Eicher, known for its Royal Enfield motorcycles, was once a penny stock.
• The revival of Royal Enfield as a cult brand transformed Eicher’s fortunes. Its stock price surged, making it a multi-bagger.
• The lesson: Niche businesses with strong brand loyalty can create substantial wealth.

Read more: Best Debt-Free Penny Stocks in 2024

Disclaimer: This is for general information and education purposes only. The Securities quoted (if any) are for illustration only and are not recommendatory. Past performance does not guarantee any future returns. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing. For more details/disclosures, visit at www.univest.in/univest mobile application.