Penny stock with 2,300% multibagger returns: Company’s authorised capital raised to Rs 500 crore & Board approved expansion into FMCG, Power, platforms
DSIJ Intelligence-1 / 06 Oct 2025/ Categories: Multibaggers, Penny Stocks, Trending

The stock gave multibagger returns of 165 per cent from its 52-week low of Rs 0.65 per share and a whopping 2,300 per cent in 5 years.
An Extra-Ordinary General Meeting (EGM) of Excel Realty N Infra Limited was held, where shareholders passed a Special Resolution to alter the Main Object Clause and an Ordinary Resolution to increase the Authorised Share Capital in the Memorandum of Association (MOA). The Ministry of Corporate Affairs (MCA) subsequently approved the alteration of the Main Object Clause, issuing a Certificate of Registration of the Special Resolution Confirming Alteration on October 1, 2025.
A key amendment was the increase in the Authorised Share Capital of the Company. This capital has been significantly boosted from Rs 150,00,00,000 (One Hundred Fifty Crores) to Rs 500,00,00,000 (Five Hundred Crores), divided into an equivalent number of Equity Shares of Rs 1 each. This decision, passed via an Ordinary Resolution at the EGM, provides the Company with a much larger capacity for future capital raising and growth initiatives.
The second major change involves altering the Main Object Clause by adding several new business areas, primarily focusing on FMCG and Power & Energy. New clauses 6 through 12 detail a vast expansion into the Fast-Moving Consumer Goods sector, covering manufacturing and trading of all types of agro-based food products, cereals, dairy, poultry, processed foods, and beverages. Furthermore, new clauses 13 through 15 introduce objects related to electrical power and energy engineering consultation and execution, developing distribution networks, and establishing e-commerce platforms for both energy-related transactions and hiring motor vehicles.
About the Company
Established in 2003, Excel Realty N Infra Limited, formerly known as Excel Infoways Limited, operates across multiple sectors, including infrastructure development, IT-enabled BPO services, and general trading. The company’s IT/BPO division specialises in providing customer care and workflow management services. In the infrastructure space, Excel Realty focuses on residential and annuity businesses, having completed various projects such as agricultural land development with Silicon Infracon, stormwater drainage for Arshiya International Ltd., and an intake Construction at the Modak Sagar Tunnel. The company has also been involved in a mining project for EMTA Coal Limited, showcasing its diverse portfolio and collaborative approach.
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According to Quarterly Results, the net sales increased by 1,082 per cent to Rs 5.79 crore in Q1FY26 compared to Q1FY25. The company reported net profit of Rs 0.02 crore in Q1FY26. In FY25, the company reported net sales of Rs 18.93 crore and net profit of Rs 0.69 crore.
In June 2025, FIIs took a fresh entry and bought 10,00,000 shares or 0.07 per cent. The company has a market cap of over Rs 240 crore and its stock is trading at 1.15 times its book value. The stock gave multibagger returns of 165 per cent from its 52-week low of Rs 0.65 per share and a whopping 2,300 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.