From Rs 6.25 to Rs 196.70 per share in just 1 year: Multibagger stock hit an all-time high on November 04; Market cap crosses Rs 4,000 crore

On Tuesday, shares of Colab Cloud Platforms Limited hit a 2 per cent Upper Circuit to Rs 196.70 per cent from its previous closing of Rs 192.85 per share. The stock also made a 52-week high of Rs 196.70 per share and its 52-week low is Rs 6.25 per share.

Colab Platforms Limited announced a major strategic move by incorporating a wholly-owned subsidiary, “Colab Semiconductor Private Limited,” to enter India's rapidly expanding semiconductor manufacturing and OSAT (Outsourced Semiconductor Assembly and Test) industry. This initiative aligns the company with the Government of India’s Atmanirbhar Bharat mission to foster self-Reliance and technology leadership. This venture positions Colab Platforms to tap into India's projected USD 52 billion semiconductor market, which is expected to more than double to USD 108 billion by 2030, representing a robust 15 per cent Compound Annual Growth Rate (CAGR). The massive growth potential is fuelled by surging domestic demand across sectors like automotive electronics, 5G infrastructure, smart devices, and IoT, all backed by significant government incentives, including the Rs 76,000 crore allocated under the India Semiconductor Mission.

The decision to enter this capital-intensive sector is a deliberate move to capture substantial long-term value, given the industry’s high entry barriers, long-term contracts, and recurring revenue potential. Currently, India imports over Rs 1.05 lakh crore worth of semiconductors annually, making domestic manufacturing a strategic imperative to strengthen national security and reduce import dependence. Furthermore, this initiative is expected to create over 1.3 lakh direct and indirect jobs, contributing significantly to economic development. Colab Platforms emphasises that capturing a share of this growing domestic demand will enable the country to integrate more effectively with the projected USD 1 trillion global semiconductor market by 2030.

This strategic expansion into semiconductors significantly reinforces Colab Platform’s position as a multi-sector technology powerhouse. The new subsidiary complements the company's existing and recent ventures, which already include high-growth sectors such as Artificial Intelligence (through "Colab Intelligence Private Limited"), Blockchain, E-sports, Fintech, and Drone Technologies. Notably, the company recently announced a non-binding MoU with RRP Drones Innovation Private Limited to form a Special Purpose Vehicle (SPV) focused on AI-powered autonomous drones, positioning Colab to capitalise on the rapidly scaling global commercial drone market. By continuously expanding into these future-ready, sunrise industries, Colab Platforms is demonstrating a commitment to diversified technology leadership.

About the Company

Colab Platforms Limited is a publicly traded company on the Bombay Stock Exchange, specialising in innovative technological solutions across multiple sectors. The company leverages its expertise in advanced technologies to deliver growth and improve user experiences. Focused on providing customised, technology-based processing solutions, Colab Platforms helps clients meet their objectives. The company is committed to contributing to India's professional community by harnessing the country's diverse and talented workforce, solidifying its role in India's emergence as a global technology hub.

The shares of the company ex-traded stock split on Wednesday, May 21, 2025, for a two-for-one stock split, subdividing each equity share with a face value of Rs 2 into two equity shares with a face value of Re 1 each. The company has a market cap of over Rs 4,000 crore and the stock gave multibagger returns of 3,047 per cent from its 52-week low of Rs 6.25 per share.

Disclaimer: The article is for informational purposes only and not investment advice.