RRP Semiconductor’s 72,000% Stock Surge Transforms Investor into Billionaire
Rajendra Kamalakant Chodankar has experienced a meteoric rise to billionaire status, largely due to the astonishing 72,000% increase in RRP Semiconductor’s stock value within just 18 months. Once a relatively unknown figure in the investment landscape, Chodankar now sits among India’s wealthiest billionaires.
Key Highlights of RRP Semiconductor’s Stock Surge
– Staggering Stock Growth: On October 31, 2025, RRP Semiconductor’s stock hit an all-time high of Rs 10,887, reflecting a 2% intraday gain. This surge elevated the company’s market capitalization to over Rs 14,000 crore.
– Significant Stake: Chodankar holds a jaw-dropping 74.5% equity stake—around 1.01 crore shares—giving him an estimated net worth exceeding Rs 11,000 crore at its recent peak.
– Unique Positioning: Even with such an impressive stake, Chodankar is classified as a retail shareholder, not among the company promoters, which has sparked intrigue and discussions in investment spheres.
Intriguing Background of Rajendra Kamalakant Chodankar
Little is publicly known about Chodankar. His LinkedIn profile indicates a postgraduate degree from Mumbai University and a prior role as chairman of Mechvac Fabricators, yet he maintains a low-profile online presence.
The Power of Social Media in Stock Fluctuations
The rapid ascent of RRP Semiconductor’s shares appears primarily driven by unverified rumors circulating on social media rather than solid business fundamentals. Claims have emerged suggesting that cricket icon Sachin Tendulkar invested in the company and that the Maharashtra government allocated land to it—both of which the firm has vehemently denied. Furthermore, rumors about significant chip orders or exports valued at Rs 6.15 crore have also been refuted. The company acknowledged in a BSE statement that its financial results do not justify such an explosive increase in stock value. As of October 14, only about 4,000 shares are available for public trading, raising concerns about unethical trading practices potentially damaging the company’s reputation.
Financial Performance Overview
RRP Semiconductor’s financials provide a mixed perspective:
– Revenue Surge: Revenue skyrocketed to Rs 31.6 crore in FY25, a remarkable jump from just Rs 38 lakh in the previous year.
– Profit Growth: Net profit soared to Rs 8.47 crore, a considerable turnaround from a Rs 1.7 lakh loss.
– Recent Setbacks: Conversely, the company reported zero revenue in the June 2025 quarter compared to Rs 6 crore in the March quarter, although losses have decreased.
The stock remains tightly held, with nearly 99% of shares locked until March 2026. As RRP Semiconductor’s narrative develops, it continues to captivate market observers, leaving many eager to see the future of this remarkable investment journey.