Top 10 Penny Stocks Which Delivered Multibagger Returns

In the Indian stock market, penny stocks are among the most attractive but risky investment options. These stock prices, which are often priced in double digit, offer retail investors the alluring possibility of converting small investments into sizable returns at prices below ₹20. However, there are a number of serious risks associated with this alluring entry point, such as high volatility, low liquidity, and vulnerability to market manipulation.

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Penny stocks under ₹20 can help turn a small sized investment into a big multibagger stocks like we have seen in the past, but it comes with its own risk and it is considered one of the speculative ways to build wealth. It is suitable for investors with a high risk tolerance and in-depth knowledge of the market, but they require careful risk management and thorough due diligence.

Let’s look at the list of the penny stocks which have turned multibagger returns providing returns over 500% in last last one year. Top 10 Penny Stocks Which Delivered Multibagger Returns The following are the 10 penny stocks that have given multibagger returns in the last 1 year period of time:

G-Tech Info

G-Tech Info Training Ltd, incorporated in 1994, operates in the computer training and KPO/BPO outsourcing services sector. This company has emerged as one of the strongest performers among penny stocks, delivering a spectacular 544% return in just one year.

The company maintains an impressive financial position with low debt levels, indicating conservative financial management. G-Tech Info works in high-growth segments like computer training and outsourcing services, which are seeing renewed demand as digital transformation sweeps across Indian businesses. The company's three-year stock price CAGR is 105%, indicating consistent upward momentum.

Bluegod Entertainment

Bluegod Entertainment Ltd stands out as one of the most liquid penny stocks with a significantly larger market capitalisation at ₹222.42 crores. The company operates in the media and entertainment sector, a domain experiencing unprecedented growth due to the surge in digital content consumption across India. The stock price of the company has given 329% multibagger returns over the last one year

Bluegod has reported some operational challenges, including a poor sales growth of -25.8% over the past five years and a significantly high debtors position (389 days of receivables), suggesting collection challenges. Despite these headwinds, the market has rewarded the stock handsomely.

Yuvraaj Hygiene

Yuvraaj Hygiene Products Ltd operates in the consumer goods and hygiene products segment, a sector that has witnessed explosive growth following the post-pandemic emphasis on health and hygiene. The company has given a 291% annual return.

Kashyap TeleMed

Incorporated in 1976, Kashyap Tele-Medicines Ltd operates in software sales, maintenance and services, offering software development services for onshore and offshore, distribution, trading and deals in applications and software related to data processing and development, establishing and running training centers, training schools and campuses for computer hardware and software education, and providing Internet services, cyber café, website development and designing, e-commerce solutions, database management, and data transmission through own or leased telephony lines and cables. With a 270% annual return, the stock showed strong market enthusiasm for digital healthcare solutions.

Ramchandra Leasing

Ramchandra Leasing and Finance Ltd operates in the specialised finance and leasing sector, providing capital solutions to businesses and individuals. The company has delivered an outstanding 274% return in just one year. The company is a Non-Banking Financial co doing finance and trading in shares and securities, derivatives, etc. The company is presently classified as a Loan Company as it extends unsecured loans to intercorporate and Individual. The company plans to diversify its asset class in money transfer services, foreign currency exchange, and remittance services

Mahan Industries

Mahan Industries Ltd represents the micro-cap segment of the penny stock universe, with a market cap of just ₹4.11 crore. Operating in the manufacturing and finance/leasing sectors, the company has delivered 273% returns over the past year. MIL is a Non-Systematically Important Non-Deposit Taking Non-Banking Financial Company. It is mainly engaged in the business of financing and investment and is planning to expand and diversify its operational activities in the coming years.

Vas Infrastructure

Vas Infrastructure Ltd operates in the infrastructure sector, which has been at the forefront of India's development narrative. Vas Infrastructure share price has given a 193% annual return. The company is a real estate developer engaged in construction, development, sale, operation, and management of townships, housing projects, commercial premises, and other related activities. The company's construction and redevelopment projects are currently in progress at various locations of Borivali, and it plans to grow only there before exploring any other areas. The company has a modest market cap of ₹22.83 crores with low promoter holding at 38.1%.

Triton Corp

Triton Corp Ltd operates in the IT and ITeS sector, offering exposure to one of India's most resilient and growing industries. With a stock price of just ₹1.52, this represents an ultra-low-priced penny stock that has nonetheless delivered 211% returns in one year.

Incorporated in 1990, Triton Corp Ltd operates in the IT and ITES space, including call centre services and the provision of information technology management and consultancy services; however, the company has been reporting recurring losses for several years, resulting in erosion of its net worth, and due to continued financial difficulties it has not commenced meaningful operations, with management currently focusing on reviving the business and exploring new opportunities within the industry and other sectors as well.

Chambal Breweries & Distilleries Limited

Chambal Breweries & Distilleries Limited is a trading company established in 1985, engaged in the distribution of Indian-made foreign liquor (IMFL), beer, and country liquor. The company operates within the beverages and spirits sector, marketing its products across various regions in India. The stock has delivered impressive one-year returns of 202%, making it one of the better-performing penny stocks in the market. As of December 2025, the stock is trading at approximately ₹17.44 per share.

Ontic Finserve Limited

Ontic Finserve Limited, formerly known as Maral Finance Limited, is a financial advisory services company incorporated in 1995 and based in Ahmedabad. The company operates in the financial advisory space, focusing primarily on financial planning through mutual funds, with plans to expand into fund-based and non-fund-based activities, including securities trading, leasing, hire-purchase financing, and corporate advisory services. The stock price of the company has given 167% returns over the last year.

Note: Data is as of December 17, 2025.