Major Indian celebrities from Bollywood and cricket are investing in initial public offerings (IPOs). These include Aamir Khan, Ranbir Kapoor, Katrina Kaif, Sachin Tendulkar and more, Moneycontrol reported. Aamir Khan and Ranbir Kapoor have invested in DroneAcharya Aerial Innovations. Aamir Khan acquired 46,600 shares in the pre-IPO round for ₹25 lakh while Ranbir Kapoor took 37,200 shares for ₹20 lakh. The IPO listed at ₹102 on BSE SME exchange and closed at ₹155.85 on March 7, giving a 45.52 per cent return since.
Sachin Tendulkar has also invested inAzad Engineering in which he bought 438,120 shares at an average price of ₹114.10 in March 2023 during pre-IPO round. This made his stake ₹4.99 crore in the company whose IPO was listed at ₹720 and closed at ₹1,355.3 on March 7.
Alia Bhatt invested ₹4.95 crore in Nykaa in July 2020. In 2021, the company got listed and her investment grew to ₹54 crore, as per the report. Katrina Kaif set up a joint venture with Nykaa-KK Beauty in 2018 with an investment of ₹2.04 crore and her investment grew to ₹22 crore, it added.
Shilpa Shetty Kundra invested ₹6.7 crore in Mamaearth when she bought 16 lakh shares at ₹41.86 per share.
She then sold 13.93 lakh shares in the Offer For Sale (OFS) portion of Mamaearth’s IPO earning ₹45.14 crore through the public issue.
