Multibagger stock: Despite the global economy under pressure from the Covid-19 pandemic, the Indian stock market has produced a handful of multibagger stocks over the past two years. However, stellar performance is not limited to stocks alone. It includes various public issues, both in the main board and in the SME segment. The IPO (Initial Public Offering) of Kotyark Industries Ltd is one such public offering which was opened for subscription in October 2021 and listed on the SME Exchange on November 2, 2021. The public offering was launched at a fixed price range of ₹51 per share and Kotyark Industries stock price is today ₹291, about 470% more than its issue price.