From RS 50 crore to RS 130 crore in 7 months! The Ashish Kacholia company achieves a return of 156% in Jain Resource Recycling

The bet of top-investor Ashish Kacholia on the newly listed Jain Resource Recycling has grown into a multi-bagger in just under seven months, which has yielded a return of 156% since his investment in March of this year.

Kacholia, often called the ‘Big Whale’ of Dalal Street because of his talent to detect emerging companies early, had invested RS 50 Crore on 13 March 2025 in Jain Resource Recycling via his investment stake Bengal Finance & Investments Private Limited. At the time, the average acquisition costs RS amounted to 638.28 per share for a total of 7,83,375 shares.

After a stock split in the ratio of 1: 5, announced with the record date of 27 March 2025, the number of shares in the hands of Bengal Finance has fivefold to 39.16.875, while the average costs per share were adjusted to RS 126.75.

The share debuted at the top of his IPO price range at RS 232 and noted with a premium of 14%, supported by the strong demand of investors. It then rose by almost 50% compared to the issue price before it decreased to RS 324, where on Tuesday closed and Kacholia’s interest appreciated about RS 126.9 Crore – which is more than a doubling of the initial investment in less than seven months. The impressive run translates into a return of roughly 156% compared to the average purchase price.

Ashish Kacholia recently invested in five exhibition introductions during a busy period for quotations, especially in September 2025. These exhibition introductions include

• Suba Hotels: RS 21 Crore picked up from large investors, including Kacholia. • Ganesh Consumer Products: a leading company in packaged foods in East India, which attracts Kacholia’s investment in the anchor book. • Vikran Engineering: supported by The Wealth Company with Kacholia and Mukul Aggarwal as investors.

• Euro Pratik sales: shares listed in mid-September with the support of Kacholia.

• Patel Chem Specialties: producer of auxiliary substances based in Ahmedabad in which Kacholia invests through Bengal Finance and Investment, acting on the BSE SME platform. The share has risen by almost 45% since the listing on 1 August.

He is known for building concentrated positions in small and medium -sized companies with scalable business models. His portfolio movements are often closely followed by both private investors and market observers.

Also read: Forget GMP! How this Edelweiss IPO fund of RS 900 Crore chooses winning shares before it is marketed

The latest profits of Jain Resource Recycling contribute to a series of successful bets that the top investor has made in recent years, which strengthens his reputation as one of the most astute stock selections on Indian stock markets.

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