A man recently came across a massive financial windfall after discovering old JSW Steel share certificates purchased by his father in the 1990s for just INR 1 lakh (INR 100,000).
After holding the investment for around 30 years, the shares are now reportedly valued at approximately INR 80 crore (USD 9.36 million). The story has drawn widespread attention on social media, highlighting the significant potential of long-term investing.
The case was shared by investor Sourav Dutta on X, who posted about a Reddit user inheriting the shares from his father.
The post quickly went viral, with many users commenting on the importance of patience and the power of compounding in equity markets.
Several users shared their own experiences with long-term stock investments, reflecting on how stock splits, bonuses, and dividends can add up over decades.
Some also noted that the ability to invest a substantial sum in the early 1990s and hold it untouched for decades may itself suggest financial stability. Nonetheless, the case has been widely seen as an example of “generational wealth” created through long-term investing.
people don’t realise how stock splits, bonuses and dividends add up overtime
— Anhad Arora (@AnhadArora7) June 8, 2025
it’s magical
Now, he can retire and live his life peacefully.
— Prasenjit (@Star_Knight12) June 8, 2025
Even can make a good business from it, a huge congratulations to him.
JSW Steel Ltd, the company in focus, is one of India’s leading steel manufacturers. With a current share price of around INR 1,010.20 (USD 11.83) and a market capitalization of approximately INR 2.37 trillion (USD 27.73 billion), the company has delivered strong returns to investors over the years. Its consistent growth has helped transform early investments into substantial fortunes.
