FIIs bet on these 11 microcap stocks; one turns multibagger in FY26

Foreign Institutional Investors (FIIs) are steadily increasing their investments in India’s smallest companies. Within the Nifty Microcap 250 index, they raised their stakes in 108 stocks in the June quarter compared to the March quarter. It is an important signal, since FIIs usually dive deep before investing.

So far in FY26, the Nifty Microcap index has delivered a return of around 16%, outperforming the broader benchmark Nifty index, which has risen by about 6% during the same period. This highlights a growing investor appetite for high-growth opportunities in smaller, lesser-known companies.
What makes this trend even more compelling is that out of the 108 microcap stocks where FIIs have increased their holdings, 51 have outperformed the overall microcap index’s return so far this fiscal year. From this list, we have identified 11 remarkable microcap stocks that have delivered impressive price increases ranging from 50% to 100% in FY26 so far. (Data Source: ACE Equity)

In FY26 so far, the stock has surged 102%, rising from Rs 103 to Rs 208. FIIs increased their holdings significantly from 7.17% in the March 2025 quarter to 13.97% in the June 2025 quarter.

The stock has jumped 97% this fiscal year, climbing from Rs 571 to Rs 1,123. FII ownership rose modestly from 4.69% in March ’25 to 5.48% in June ’25.

Force Motors’ stock has appreciated 95%, moving from Rs 9,046 to Rs 17,680 in FY26. FIIs have increased their stake from 8.36% to 9.77% over the same period.

So far in FY26, the stock has gained 83%, rising from Rs 44 to Rs 81. FIIs holding rose from 0.13% in March ’25 to 0.46% in June ’25.

The stock has rallied 81% this fiscal year, increasing from Rs 579 to Rs 1,049. FIIs boosted their stake from 5.23% to 5.97%.

Le Travenues has grown 62% in FY26, with its stock price rising from Rs 142 to Rs 229. FIIs hold a dominant stake, increasing slightly from 59.48% to 59.90%.

The stock has climbed 61%, rising from Rs 306 to Rs 494. FIIs’ holding increased marginally from 2.73% to 2.82%.

Subros’ stock has gained 56%, going from Rs 560 to Rs 874. FIIs ownership remained steady around 33%, moving from 32.80% to 32.93%.

The stock has surged 56% in FY26, rising from Rs 462 to Rs 719. FIIs have nearly doubled their stake, from 0.61% to 1.43%.

India Glycols’ stock is up 55%, increasing from Rs 1,110 to Rs 1,724. FIIs raised their holdings from 2.24% to 3.44%.

The stock has risen 54%, moving from Rs 340 to Rs 522 in FY26. FIIs holding remained stable around 2.25%, increasing slightly to 2.26%.