Multibagger penny stock under Rs 60 in green as it secures a new client-win, ICICI Prudential Mutual Funds and has ramped up its business association with RazorPay

From Rs 1.56 per share to Rs 55.90 per share, the stock gave multibagger returns of 3,480 per cent in 3 years.

One Point One Solutions Limited, a leading provider of technology-enabled business process management (BPM) services, achieved a double win by securing a new client in the asset management sector and expanding its partnership with a major payment solutions provider in the country.

Scope of Business

RazorPay (Payment Solutions Provider) - Under the terms of the agreement with the brand, One Point One Solutions has been entrusted to manage the end-to-end merchant origination and servicing with the expansion of its operational capacity to an impressive 160+ seats from 7 seats. This remarkable multi-fold increase from the initial contract signifies the client’s confidence in the capabilities and reliability of One Point One Solutions’ services.

Under the terms of this strategic alliance, One Point One Solutions is entrusted with the management of end-to-end merchant origination and servicing through its Bengaluru Delivery Center, marking a pivotal moment in the company's evolution. Commencing these operations, One Point One has become a full-service player in the Fintech sector, enabling to transformation of operations to bridge the gap and create compelling experiences for onboarding merchants. Key activities involve verification, documentation processing, customer support, banking operations, ticket management, and international payment enablement.

ICICI Prudential Mutual Funds (Asset Management Company): Under the terms of the agreement, One Point One Solutions will provide the Asset Management Company with services of Activation and Renewals of SIPs. Building on this partnership, One Point One Solutions is poised to broaden its horizons by venturing into activation, cross-sell/up-sell, and service domains. Commencing the operations from One Point One’s Navi Mumbai delivery center will enable the team to focus on delivering tailored experiences with unparalleled customer services and driving business growth.

On-boarding of the Mutual Fund and Fin-tech brand as our partners underscores the company's dedication to agility and client-centricity, reaffirming its stature as a prominent player in the industry.

Also Read: Understanding Cash Flow: Essential Types You Need to Know

About One Point One Solutions Ltd

One Point One Solutions is a full-stack player in BPO, KPO, IT Services, Technology & Transformation and Analytics. The company was incorporated in the year 2006 and offers comprehensive solutions in technology, accounting, skill development and analysis. In 2024, the company acquired a major stake in ITCube Solutions Pvt Ltd., which is an IT + BPM/KPO services company; headquartered in Pune and Cincinnati, Ohio. ITCube Solutions with over two decades of experience, employs 600+ professionals to serve clients across sectors and has a robust presence in the USA, England, Netherlands, Germany, Kuwait, Oman, UAE, Qatar, India, Singapore, and Australia.

Today, shares of One Point One Solutions Limited surged 1.27 per cent to Rs 55.80 per share from its previous closing of Rs 55.10 with an intraday high of Rs 55.90 and an intraday low of Rs 17.8. The stock gave multibagger returns of over 200 per cent from its 52-week low of Rs 14.90 per share.

From Rs 1.56 per share to Rs 55.90 per share, the stock gave multibagger returns of 3,480 per cent in 3 years. Investors should keep an eye on this micro-cap stock.

Disclaimer: The article is for informational purposes only and not investment advice.