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News for India > Business > Multibagger BSE SME stock gives more than 1000% to IPO allottees in two years | Stock Market News
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Multibagger BSE SME stock gives more than 1000% to IPO allottees in two years | Stock Market News

Last updated: June 2, 2025 1:34 pm
12 months ago
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Multibagger BSE SME stock: ITCONS e-Solutions share price, which was listed at ₹51 apiece in March 2023, has given multibagger returns to its IPO allottees by soaring over 1,178.36 per cent in two years.

ITCONS e-Solutions shares were trading in green in Monday’s session despite weak market sentiments. At 9:25 am, the multibagger SME stock was trading at ₹514.50 per share on June 2.

The stock has given significant returns in last one year as well by ascending 886.37 per cent. However, in terms of year-to-date (YTD), the multibagger SME stock erased investors’ wealth by declining over 20.57 per cent.

ITCONS e-Solutions Q4 results 2025

The company nearly doubled its revenue year-over-year, reporting ₹57.06 crore for the financial year ending March 31, 2025, compared to ₹28.73 crore in FY 2023-24.

Net profit also rose substantially, with a Profit After Tax (PAT) of ₹3.20 crore in FY 2024-25, up from ₹1.90 crore in the previous year. The Earnings Per Share (EPS) stood at ₹5.23, highlighting the company’s strong financial performance.

In FY 2024-25, the company expanded its IT manpower services and introduced Technical Testing and IT Asset Management Consulting, adding three high-profile clients. These new initiatives brought in ₹13 crore, with a promising future business pipeline in this segment.

The company’s government sector operations, which became a strategic priority at the beginning of FY 2024-25, experienced significant growth. The number of government clients increased from 2 to 21, leading to a total order book of approximately ₹52 crore. These contracts varied in length from 8 to 36 months, and this segment alone resulted in the deployment of nearly 1,000 personnel.

Additionally, ITCONS broadened its presence in the General Staffing domain, gaining expertise across temporary and permanent placements in categories ranging from highly skilled to unskilled labor.

Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.



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TAGGED:BSE SME stockIndian stock marketITCONS e-Solutions share priceITCONS e-Solutions share price todayMultibagger BSE SME stockMultibagger stockMultibagger stock 2025Stock market todaytop multibagger stocks india
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