Elitecon’s 5% dividend and 12,049% IPO return stun investors in 2025
Elitecon International Ltd has announced a 5% interim dividend for the financial year 2025-26, to be distributed on Wednesday, 12 November 2025. The company's shares have soared since its Initial Public Offering (IPO) in August 2024, with investors receiving a return of over 12,049% on yahoo finance.
The company's financial performance has been impressive. In the July to September quarter of 2025, Elitecon International's net profit increased by 128% to ₹20.19 crore compared to the same period in 2024. This growth was driven by a more than fivefold increase in revenue from core operations, which reached ₹504.89 crore in the same quarter. The company's shares have reflected this success, closing at ₹162.80 on Tuesday, up 4.29% from the previous market close. Over the last one year, Elitecon International shares have risen by a staggering 3,222%.
Alpina Capital Partners, the institution behind the 12.049 percent return to investors since the IPO, will distribute the dividend on the aforementioned date. Elitecon International's strong financial performance and impressive share price growth indicate a promising future for the company and its investors.
