Introduction:
Stock under ₹100 hits upper circuit after announcing a 1:2 stock split and entry into the ₹50,000 crore predictive gaming market, signaling bold diversification and digital innovation moves aimed at capturing early-mover advantage in a booming high-growth segment.
Share Price movement of Colab Platforms:
On April 2, 2025, Colab Platforms Ltd opened at ₹98.69, reaching a high of ₹98.69, up 1.99% from the previous close of ₹96.76, and a low of ₹98.69. The stock is currently trading at ₹98.69, with a market cap of ₹1,006.64 Crores.
Colab Platforms announced 1:2 stock split:
Colab Platforms Limited starts major strategic expansion in ₹50,000 crore Predictive Gaming market. This is a part of a strategic long term vision which will facilitate the broadening of digital offerings of the company and will make full use of sports expertise to venture into a high-growth and high-user-engagement industry.
In India, the Predictive Gaming market has more than 5 crores customers, with a total revenue of around ₹1,000 crore in FY25. Colab wants to do advanced analysis and interaction as part of its features. But it’s important that these options are compliant and not harmful. So user confidence and privacy will be maintained in a controlled and secure manner.
The Board also approved the proposal for stock split from ₹2 to ₹1 face value shares, subject to approval of members in the EOGM on April 28, 2025. To oversee the process, the company is launching a remote e-voting facility and appointed a scrutinizer.
Recent news About Colab Platforms:
In February 2025, Colab Platforms Limited committed ₹100 million to launch a sports and fitness e-commerce marketplace, aiming to meet rising consumer demand by offering a comprehensive platform tailored for enthusiasts and professionals in the growing sports technology space.
Stock performance of Colab Platforms for Period of 1 week, 6 months and 1 year:
Colab Platforms’ stock surged 6.11% in the past week and delivered a staggering 749% return over the last six months. Over the one-year period, it gained an impressive 362%, reflecting strong momentum and investor optimism driven by strategic developments and digital expansion.
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Shareholding pattern of Colab Platforms:
Summary | Dec-24 | Sep-24 | Jun-24 |
Promoter | 33.90% | 33.90% | 33.90% |
FII | 0% | 0% | 0% |
DII | 0% | 0% | 0% |
Public | 66.10% | 66.10% | 66.10% |
About Colab Platforms:
Colab Platforms Ltd (BSE :542866) is a dynamic digital technology company specializing in sports tech and interactive platforms. With ventures in predictive gaming, e-commerce, and digital engagement, it aims to innovate user experiences and expand across high-growth, tech-driven consumer entertainment and engagement sectors.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.