List of Best Penny Stocks Below 1 Rupee in India NSE (2025)

Last Updated on Apr 11, 2025 by vanessa sequeira

Ever heard about penny stocks under Rs. 1? These little-known gems in the stock market can be pretty interesting. Let’s break it down in simple terms. Penny stocks are like the underdogs of the stock world, and those under 1 rupee are the real bargain deals. They are stocks of companies with low prices, often flying under the radar.

Now, why should you care? Well, these stocks can be a playground for potential profits. Imagine buying something for less than a cup of chai and watching it grow! But hold on, it’s not all sunshine and rainbows. There are risks, too. So, before you dive in, it’s crucial to know the ins and outs. In this article, we’re going to spill the beans on the best penny stocks in India below 1 rupee. We’ll talk about the potential rewards, the risks you need to be aware of, and some smart moves to make. Let’s get started with the lists of top penny stocks in India based on various fundamental factors.

Best Penny Stocks in India – Stocks Under Rs. 1

Note: The above penny stocks list below Rs. 1 is dated 5th November 2024 and is derived using the Tickertape Stock Screener. The following parameters were used for the purpose:

• Close price: Set the upper limit to 0.99
• Net income: Greater than 0 – Set the lower limit to 0
• Debt-to-equity ratio: Set to low

🚀 Pro Tip: You can use Tickertape’s Stock Screener to research and evaluate stocks with over 200+ filters and parameters.

Overview of the Penny Stocks with Good Fundamentals

Bengal Steel Industries Ltd

Bengal Steel Industries Ltd, established in 1969, operates in the iron and steel sub-sector. The company engages primarily in manufacturing and trading steel products, serving various industrial needs across different regions in India.

Saianand Commercial Ltd

Saianand Commercial Ltd, founded in 1984, functions within the trading companies and distributors sub-sector. It is involved in the trading of various commercial goods, contributing to supply chain facilitation across sectors.

Shalimar Productions Ltd

Shalimar Productions Ltd was founded in 1985 and is a well-known entity in the entertainment sector, specialising in producing movies and television serials. The company plays a notable role in the regional film and TV industry, focusing on content development and distribution.

RGF Capital Markets Ltd

RGF Capital Markets Ltd operates in the diversified financials sub-sector, providing various financial services, including investment solutions and market trading services. The company is known for its offerings that cater to a broad client base in the financial market.

Sharp Investments Ltd

Sharp Investments Ltd engages in financial services and investment activities, catering to different sectors through strategic capital placements and financial planning. The company’s portfolio often includes various market ventures.

NCL Research and Financial Services Ltd

NCL Research and Financial Services Ltd, founded in 1985, operates in the diversified financials sub-sector. The company provides consultancy and research services, assisting clients with market analysis and strategic decision-making.

Avance Technologies Ltd

Avance Technologies Ltd, established in 1993, is involved in IT services and consulting. It provides a range of technology solutions, including software development, digital transformation services, and consultancy for tech-enabled business solutions.

Maharashtra Corp Ltd

Maharashtra Corp Ltd, established in 1982, operates in the textile sector. The company engages in fabric production, garment manufacturing, and textile trading, servicing both domestic and international markets.

Nirbhay Colours India Ltd

Nirbhay Colours India Ltd focuses on the production and distribution of dyes and chemical colourants used in various industries. The company supplies a range of products for the textile, paint, and other colour-centric markets. 

Excel Realty N Infra Ltd

Excel Realty N Infra Ltd operates in the construction and engineering sub-sector, providing infrastructure development and real estate services. The company specialises in residential, commercial, and industrial construction projects.

Invest in the Best Stocks Selected by SEBI-Registered Analysts

Did you know that you can invest in readymade electric vehicle stock portfolios managed by SEBI-registered experts?

But, before that, let’s look at what smallcase is.

What is a smallcase?

smallcases are modern investment products that help investors build low-cost, long-term & diversified portfolios with ease. A smallcase is a basket or portfolio of stocks/ETFs representing an idea – an objective, theme, or strategy. They are created and managed by SEBI-registered experts.

Among 500+ smallcases, here’s the top smallcases you can check out:

Timeless Asset Allocation smallcase by Windmill Capital

Mi EverGreen smallcase by Weekend Investing

• Disclosure for Timeless Asset Allocation
• Disclosure for Mi EverGreen

Note: The smallcases are mentioned only for educational purposes and are not meant to be recommendatory. Investors must conduct their own research and consult a financial expert before making any investment decisions.

Debt Free Penny Stocks Below 1 Rupee

Note: The above debt free penny stocks list under 1 rs is dated 5th November 2024 and is derived using the Tickertape Stock Screener. The following parameters were used for the purpose:

• Close price: Set the upper limit to 0.99
• Debt-to-equity ratio: Set it to Low

Note that the mentioned stocks in the above table have a debt-to-equity ratio of zero.

Profitable Penny Stocks in India

Note: The above penny stock list under 1 Rs is dated 5th November 2024 and is derived using the Tickertape Stock Screener. The following parameters were used for the purpose:

• Close price: Set the upper limit to 0.99
• Net Profit Margin: Set the lower limit to 0 – Sort from highest to lowest
• 5Y CAGR: Set the lower limit to 0

Shares Below 1 Rupee with the Largest Volume

Note: The above penny stock list below Rs. 1 is dated 5th November 2024 and is derived using the Tickertape Stock Screener. The following parameters were used:

• Close price: Set the upper limit to 0.99
• Daily Volume: Set the high-sort from the highest to lowest.

Debt Free Penny Stocks With High Promoter Holding

Note: The above list of top 10 penny stocks in India under Rs. 1 is dated 5th November 2024 and is derived using the Tickertape Stock Screener. The following parameters were used:

• Close price: Set the upper limit to 0.99
• Debt-to-equity ratio: Set it to Low
• Promoter Holdings: Set to High

If you want to know more about fundamentally strong penny stocks, read this article.

Now, let’s look at the features of penny stocks, factors to consider before investing, and tips for investing in penny stocks. 

Features of Penny Stocks Below 1 Rupee

• High returns: As compared to higher-priced equity shares, penny stocks under Rs 1 give more opportunities to earn higher returns if the price increases exponentially. Stocks under 1 rs provide significant profit potential for investors willing to explore high-risk assets. Some of the top 100 penny stocks below 1 rupee can deliver substantial gains quickly, attracting those seeking multibagger returns.
• Illiquid: Stocks below Rs. 1 are illiquid as the issuing companies are mostly unpopular. This illiquidity is especially common in penny stocks under 1 rs with high promoter holding, making selling these shares more challenging due to a lack or scarcity of buyers. Below 1 rs share transactions often require careful planning to avoid being stuck in a position.
• High risk: Although these stocks have growth potential, they are highly vulnerable to market fluctuations. Therefore, investing in shares below 1 rs on NSE can be risky. Investors with high risk tolerance who are looking for multibagger stocks below 1 rs might consider them, but they should be cautious of the significant volatility.
• Low cost: These stocks are easy on the pockets, allowing retail investors to participate with minimal capital. However, buying low price penny stocks doesn’t guarantee that they are undervalued. Even the best penny stocks under 1 rs can be risky without proper due diligence.

Factors to Consider Before Applying for Penny Stocks in India Below 1 Rupee

• Dearth of information: Shares below Rs. 1 often belong to less well-known companies. Many firms issuing penny stocks below 1 rupee fail to disclose essential information about financial health or corporate governance. This lack of transparency complicates the process of valuing some penny stocks under 1 rs and assessing the company’s true potential.
• Price manipulation: Given the low liquidity in such penny stocks, price manipulations are common. Historical data suggests that stocks under 1 rs are particularly susceptible. Sometimes, promoters or traders holding large stakes may artificially inflate or deflate stock under 1 rs prices to make personal gains, misleading everyday investors.

Advantages and Risks of Investing in Stocks Under 1 Rs

Investing in penny stocks priced under 1 rupee comes with several benefits:

1. Low Entry Cost: With a minimal price, penny stocks under 1 rs are accessible to small investors. This low barrier enables buying a large number of shares, which could pay off if the company’s value increases. Shares below rs 1 NSE today offer such opportunities, especially if you can identify debt-free penny stocks below 1 rupee.
2. High Return Potential: Even minor gains can result in large percentage increases. Investing in multibagger stocks below 1 Rs can potentially transform a small initial capital into a significant return. This high-risk, high-reward strategy appeals to those aiming for maximum growth.
3. Speculative Opportunities: For speculative investors, below 1 rupee stocks or those focusing on emerging sectors like green energy penny stocks India below 1 rupee can be attractive. EV penny stocks India below 1 rupee are another example of sectors with long-term growth potential.
4. Portfolio Diversification: Adding penny stocks to a diversified portfolio provides unique exposure. Options like shares under Rs 1 or top 100 penny stocks NSE can open pathways to unexplored market opportunities.

Risks of Investing in Penny Stocks

However, the risks of investing in penny stocks under 1 rs are significant:

1. Extreme Volatility: Penny stocks below 1 rupee often exhibit high price swings driven by speculation. This volatility is common in stocks under 1 rs, impacting investment stability. Investors looking for below 1 rs share gains must be ready for unpredictable changes.
2. Limited Liquidity: Shares under 1 rs frequently have low trading volumes, making transactions difficult. Exiting investments in 1 rupee share without affecting the price is often challenging. Penny stocks in India below 1 rupee may require patience to execute trades effectively.
3. Lack of Information: Limited availability of reliable financial data is a drawback. Companies issuing 1 rupee share often lack regulatory filing obligations, reducing transparency. 1 rupee share list investors should tread cautiously, understanding the risks involved.
4. Market Manipulation: Thin trading volumes in penny stocks under 1 Rs make them targets for manipulation. Shares below rs 1 may not reflect their true value, and investors should be wary of sudden price movements.
5. Quality and Fundamentals: Not all penny stocks below 1 rupee have sound business models. Even penny stocks list under 1 rupee with good fundamentals may pose risks if market conditions worsen.
6. Speculative Nature: A penny stock below 1 Rs tends to be more speculation-driven than fundamentally sound. Some under 1 Rs share might promise high returns, but the reality could be starkly different. It’s crucial to consider the fundamentals and long-term viability of these investments.

Investors eyeing the best penny stocks in India below Rs 1 must balance potential gains with the reality of market risks. Engaging in thorough research and recognising the speculative nature of less than 1 rs share investments are essential for navigating this market.

Tips for Investing in Penny Stocks

• Conduct a thorough background check on the best stock under 1 Rs before investing in them. Study the financials and fundamentals of the stocks carefully to make an informed decision.
• Collect as much information as possible on the company’s financial stability and future growth prospects.
• Hire an expert financial advisor and seek their thoughts and analysis of any share below 1 Rs.
• Stay away from friendly advice and recommendations for specific penny stocks. Before acting, verify the authenticity of the source and do due diligence before considering investing in penny stocks in India below 1 rupee.
• Evaluate your risk appetite, as these stocks are highly volatile and prone to market fluctuations.
• If a penny stock is underperforming without an apparent reason, it may be time to sell it and protect your portfolio from declining further. Fundamentally strong stocks are known to rise after falling. But there is no guarantee that a penny stock will do the same. Be very practical about investing in penny stocks, and don’t let emotions influence you.

Who Can Explore the Penny Stocks in India?

Investing in penny stocks, such as penny stocks under 1 rupee, may appeal to different types of investors, but it’s crucial to understand who may consider this as a viable investment option:

1. Risk-Tolerant Investors: Penny stocks can be highly volatile, meaning their prices may fluctuate significantly quickly. If you are an investor willing to take on a high level of risk in exchange for potentially high rewards, then investing in penny stocks today could align with your risk appetite.
2. Small Capital Investors: Since these stocks are priced under 1 rupee, they may be attractive if you have limited funds to invest. For example, look for shares below Rs 1 NSE today to diversify your portfolio without committing significant capital.
3. Long-Term Investors with Patience: Best stocks under 1 rs, such as multibagger penny stocks, often require a long-term perspective. You may need to hold these investments for an extended period to potentially realise substantial gains.
4. Investors Looking for Diversification: If you are seeking to diversify your investment portfolio, adding debt-free penny stocks with high promoter holding could spread the risk across different sectors. You might find opportunities in sectors like green energy, where green energy penny stocks India below 1 rupee could align with your investment strategy.
5. Speculative Traders: You might be a speculative trader who thrives on short-term price movements. The volatility of 1 rupee share prices may present numerous opportunities for trading profits.

Before diving into the world of penny stocks, assessing your financial goals, risk tolerance, and market knowledge may be essential. The stocks priced below 1 rupee may offer significant upside potential, but they are not suitable for everyone due to the risks involved.

How to Identify Penny Stocks With Good Fundamentals in India?

Identifying penny stocks may require looking beyond just the 1 Rs share price. To increase your chances of success, consider several fundamental factors.

Company’s Financial Health

You may want to look for debt-free penny stocks or those with manageable debt levels. A high debt burden could indicate financial instability, while low or no debt might suggest a stronger financial position. It may also be useful to analyse the company’s balance sheet, focusing on its assets, liabilities, and shareholder equity. 

Revenue and Profit Trends

It might be helpful to review the company’s revenue trends and profit margins over several years. Consistent growth in revenue and stable or improving profit margins may indicate that the company is performing well within its sector, even if its stock price is currently low. 

Management Quality and Promoter Holding

Companies led by experienced and reputable managers may have better strategies for growth and risk management. High promoter holding can also be a positive indicator, suggesting that those who know the business best have confidence in its future prospects. This is particularly relevant when searching for debt-free penny stocks with high promoter holding.

Sector Potential and Market Trends

For example, sectors like green energy and electric vehicles are gaining popularity. Looking into green energy penny stocks India below 1 rupee or EV penny stocks India may uncover stocks with strong growth prospects due to favourable market trends.

Remember, while the allure of high returns is compelling, it is equally important to exercise caution and conduct thorough research before making any investment decisions.

How to Invest in Penny Stocks?

Why jump platforms to evaluate the stock and then buy it on another when you can do both on Tickerape? Study the stock fundamentals using Tickertape Stock Pages and add them to the ‘Basket’ to place buy orders. Further, with our fully-equipped asset pages, you can dive deeper into any stock and mutual fund. 

On asset pages, you get penny stocks’ share prices, their quantitative analysis via Scorecard, forecasts, financial information, peer comparison, company updates, and more. With this information handy, you can analyse any stock within a few clicks. The Scorecard, particularly, helps you analyse the stock based on quantitative factors such as profitability, performance, entry and exit points, valuation, and growth and provides a sneak peek into the potential red flags in the stock. 

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Conclusion

Penny stocks below Rs. 1 have the potential to turn into multi-baggers and give bumper returns but remember that they are highly risky investments. Such stocks belong to low market-cap companies and are prone to price manipulation. Consult your financial advisor before investing in the best share under 1 Rs

Frequently Asked Questions (FAQs) About Penny Stocks Below Rs. 1

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Anjali Chourasiya

I am a finance enthusiast who loves exploring the world of money through my lens. I’ve been dedicated to building systems that work and curating content that helps people learn.

As an insatiable reader and learner, I’ve spent the last two years exploring the world of finance. With my creative mind and curious spirit, I love making complex finance topics easy and fun for everyone to understand. Join me on my journey as we navigate the world of finance together!

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