Penny Stock Spice Lounge Food Works Delivers 4,000% Returns in 5 Years; Penny Stock Turns ₹1 Lakh into ₹41 Lakh

Tuesday, December 02, 2025: Spice Lounge Food Works (formerly known as Shalimar Agencies), a penny stock, has witnessed a 4,000% rise over the past 5 years. It means that investors who invested ₹1 lakh are now worth ₹41 lakh. 

The Stock’s Recent Trajectory 

The share price of Spice Lounge Food Works have been on an upward rally for a while now. During the past year, the stock has witnessed an 800% increase, going from ₹ 5.32 per share to ₹ 48 per share. The growth over the past three years has been about 1,151%. The shares of the company touched a new 52-week high of ₹ 72.20 per share on November 24, 2025. As per this new high, the company’s market capitalisation has reached approximately ₹5,040 crore. 

The stock has slipped about 33.51% since its 52-week high. However, despite the recent volatility, the stock is one of the top “wealth-creator” stocks in the Indian small-cap/penny-stock segment. It is still trading with considerable returns. What is to be noted is that, as per the latest BSE data, the company is held 100% by retail investors with zero per cent promoter stake.

Recent Corporate Updates

The company has recently acquired 100% of the Rightfest Hospitality LLP. It is a hospitality business. The company is aiming to expand in India’s casual-dining, quick-service, and event-based entertainment segments through the LLP. 

Investor Outlook

The stock has been trading ex-split rate since March 2025. However, the above calculations do not factor in the post-split benefits. Despite that, the regular upward rally in the share price has boosted investor sentiment. The penny stock is considered to have great potential. 

Stock Market Snapshot

Shares of Spice Lounge Food Works Ltd closed at ₹48.07 as of December 02, 2025. This is a 4.98% or ₹2.52 decline from its previous close of ₹50.59. The intraday range is between ₹48.07 and ₹48.07. The company has had an active trading session. Its total market capitalisation stands at ₹3,351.07 crore. Further, it had a total traded value and volume of ₹15.82 crore and 0.33 lakh shares, respectively.

Spice Lounge Food Works is a multi-format food-service firm. The company has a presence across India, the USA, and Canada. It is operating through franchise rights for global brands and owns several in-house brands. It also provides computer and outsourcing services in the information technology sector. This includes data, voice, or video collection and processing, as well as call centre services. The company is listed on BSE and trades under the ticker 539895.

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