Smallcap multibagger stock Spice Lounge Food Works surged 5% upper circuit at ₹34.56 apiece in Wednesday’s trading session despite the market. Indian indices – Sensex and Nifty – opened slightly in the red on Wednesday, with the Sensex and Nifty easing amid a cautious investor mood.
The small-cap stock opened in red at ₹31.28 in the early morning session on Wednesday; however, the stock pared losses, gained nearly 10% from the intraday low level.
What’s driving Spice Lounge Food Works share price?
In an exchange filing on January 12, Spice Lounge Food Works said that it has received a certificate from Aarthi Consultants Private Limited and confirmed that the certificates of equity shares received for dematerialisation were duly verified, mutilated, and cancelled, and that the name of the respective depository has been substituted as the registered owner in respect of such dematerialised equity shares.
“ In accordance with Regulation 74(5) of the SEBI Depositories and participants) Regulations, 2018 and based on the certificate received from M/s. Aarthi Consultants Private Limited (Registrar and Share Transfer Agent), We hereby confirm that for the period from 1 st Oct, 2025 to 31st Dec, 2025, the certificate of equity shares received for dematerialization have been mutilated and cancelled only after due verification and that the name of the respective depository has been substituted as the registered owner in respect of those dematerialized equity shares,” the company said in the filing.
It further said that the securities comprised in the said certificates of equity shares have been listed on stock exchanges where the earlier issued securities are listed.
In December 2025, the company announced the acquisition of 100% stake in Singapore-based Prisha Infotech for $1,50,000. “ The acquisition aligns with Spice Lounge Food Works Limited’s long-term strategy of expansion, diversification and global presence. The integration of Prisha Infotech’s software development and programming capabilities will strengthen the Company’s digital foundation and enable access to international markets through Singapore,” the company said.
Spice Lounge Food Works share price trend
Spice Lounge Food Works share price has remained under pressure in the near-term. The smallcap stock has fallen 15% in last five trading sessions and 30% in a month.
However, the smallcap stock has given multibagger returns of whopping 162% in last one year and 2,853.85% in five years.
Spice Lounge Food Works shares are listed only on BSE. The smallcap stock hit a 52-week high of ₹72.20 on December 24, 2025 and a 52-week low of ₹7.69 on March 10, 2025.
Disclaimer: This story is for educational purposes only. We advise investors to check with certified experts before making any investment decisions.
