Sachin Tendulkar, Ranbir Kapoor to Alia Bhatt: Celebrities who have profited from India’s IPO boom

India’s booming IPO market has not only attracted institutional investors but also a host of celebrities who have seen significant returns from their investments. From cricket legends to Bollywood stars, many have strategically invested in companies before their public offerings. Here’s a look at some of the top celebrities who have reaped substantial profits in the last few years.

Aamir Khan and Ranbir Kapoor: Investments in DroneAcharya Aerial Innovations

Both Aamir Khan and Ranbir Kapoor have made lucrative returns from their investments in DroneAcharya Aerial Innovations.

• Investment Details:
  • Aamir Khan invested Rs 25 lakh to acquire 46,600 shares, translating to a 0.26% stake.
  • Ranbir Kapoor invested Rs 20 lakh for 37,200 shares, representing a 0.21% stake.
  • The pre-IPO share price was approximately 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, marking a 45.52% increase since its launch.
  • Aamir Khan’s investment has appreciated to Rs 72.62 lakh, while Ranbir Kapoor’s shares are valued at Rs 57.97 lakh, nearly tripling their initial investments.

Sachin Tendulkar: A Stake in Azad Engineering

Cricket icon 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, totaling approximately 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, giving Tendulkar’s investment a staggering nearly 12-fold increase, now valued at Rs 59.39 crore.

Alia Bhatt and Katrina Kaif: Nykaa Investments

Both actresses have seen impressive 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, who established a joint venture called Nykaa-KK Beauty in 2018 with an investment of Rs 2.04 crore, saw her stake grow to Rs 22 crore by the time of the listing, also reflecting a similar 11-fold increase.
• Market Performance:
  • Nykaa shares debuted at Rs 2,129. However, following a significant decline, by March 7, 2023, the stock closed at Rs 156.50, a drop of 60.18% from its listing price.

Ajay Devgn: Returns from Panorama Studios

Actor Ajay Devgn has made notable gains 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. This gives Devgn an impressive return of 363.13%, with his investment now valued at Rs 9.95 crore.

India’s IPO boom has proven to be a lucrative opportunity for both seasoned investors and celebrities alike. With strategic investments in promising companies, these public figures have not only diversified their portfolios but also capitalized on significant financial growth. As the IPO landscape continues to evolve, it will be intriguing to see how these investments play out in the future.