Over 5,000% Gain: Mukul Agrawal adds 7,62,500 shares in this small-cap ESDM multibagger stock; profit jumps 5.5x
DSIJ Intelligence-3 / 17 Aug 2025/ Categories: Mindshare, Multibaggers, Trending

Mukul Agrawal doubles his holding, adding 7.5+ lakh shares in this ESDM multibagger; profit surges 5.5x.
In the week gone by, the benchmark Nifty 50 gained 1 per cent, ending a six-week losing streak. The broader indices—Nifty Midcap 100 and Nifty Smallcap 100—also finished in the green. Within this backdrop, a notable development emerged in a Small-Cap name where an ace investor lifted his holding to a double-digit stake.
On a consolidated basis, the company reported revenue from operations of Rs 122.9 crore, up from Rs 52.6 crore in Q1 FY25—a year-on-year increase of 133.8 per cent, driven by strong performance in both its Design-Led Manufacturing and Engineering R&D segments. Net profit rose by about 448 per cent.
The small-cap in focus is ASM Technologies Ltd, which supports customers in Engineering Design-Led Manufacturing. ASM operates multiple delivery locations in India and has a global footprint across the USA, Singapore, the UK, Canada, Japan, Thailand and Mexico.
Earlier, ASM Technologies Limited—positioned as a pioneer in Design-Led Manufacturing for the semiconductor and automotive industries—announced the signing of a Memorandum of Understanding (MoU) with the Government of Karnataka. Under this agreement, the company will invest Rs 510 crore to expand its Electronics System Design and Manufacturing (ESDM) and precision engineering capacity. As part of the MoU, ASM will acquire 10 acres of land from the Karnataka Industrial Areas Development Board (KIADB) to set up a state-of-the-art design facility.
In the most recent shareholding update, ace investor Mukul Mahavir Agrawal increased his stake to 11.70 per cent as of August 2025, up from 6.48 per cent on June 30, 2025. His holding now stands at 15,25,000 shares, compared with 7,62,500 earlier—marking a significant addition.
In terms of market performance, the stock has delivered multibagger returns of 100.38 per cent on a year-to-date basis. Over the past five years, it has gained 5,962 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.