RRP Semiconductor share price surges 66,500 per cent, Rajendra Chodankar becomes a billionaire

Stock markets can make or break someone's future. In the case of Rajendra Chodakar, he's now a billionaire. 

 

Grabbing eyeballs with the extraordinary turn of events is RRP Semiconductor for a staggering stock surge of 66,500 per cent. This astonishing feat has pushed Rajendra Kamalakant Chodankar to join the elite club of billionaires for marking a remarkable transformation from a modest Rs 12 per share to a market capitalisation of Rs 9,000 crore. 

 

He holds 74.5 per cent of the company’s equity, as per Moneycontrol, which roughly translates to 1.02 crore shares. The interesting fact is that he is not listed as a promoter. 

 

The price of the stock, which stood at Rs 15 on April 2, 2024, grew exponentially to reach Rs 655 per stock after 12 months. In the months after, the stock rallied to reach Rs 10,887 as on October 31, 2025, at 1 pm. 

 

What fuelled this growth?

According to various media reports, social media chatters and rumours added to the frenzy. The news that Sachin Tendulkar had invested in the company spread like wildfire. The firm later publicly denied having any association with the legendary cricketer. 

 

Another rumour that kept doing the rounds was a report of a 100-acre land allotment by the Maharashtra government. This was also denied by the firm. 

 

Revenue rose from Rs 38 lakh in 2024 to Rs 31 crore in 2025. The net profit turned positive at Rs 8 crore. 

 

According to Business Today, the stock remains tightly held. Nearly 99 percent of equity is locked until March 2026, leaving around 4,000 shares available for trading. This thin float has triggered wild price swings. The company has alleged unethical market behavior and has initiated legal action against those spreading false claims.

 

For more investment information, consult an expert. 

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