This RJ was Allotted 26,42,705 Shares in Small-Cap Stock, Surges Over 50% from Allotment Price; Promoters Also Allotted Shares This RJ was Allotted 26,42,705 Shares in Small-Cap Stock, Surges Over 50% from Allotment Price; Promoters Also Allotted Shares It’s noteworthy that RJ Corp Limited also holds a 26.75 per cent stake in Varun Beverages, a recognized multibagger. Karan Dsij / Monday, September 9, 2024 / Article rating: 3.7 Since the preferential allotment in February, Ester Industries' stock has surged by an impressive 58.5 per cent in just seven months.