A classic case of “buy right and forget” has come to light amid today’s fancy trading and crypto hype. A man has hit the ultimate jackpot of what many are calling “generational wealth” after he found certificates of JSW Steel shares that his father brought in the 1990s for just Rs 1 lakh. The shares, which his father held for 30 long years, are now worth crores. Yes, you read that right. The find has been making social media go crazy and stands as proof that time is the most powerful investor of all.
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Buy right, hold and sell
“Guy on Reddit discovered JSW shares bought by his dad in the 1990s for Rs 1L,” wrote Sourav Dutta while sharing pictures of the original certificates issued by Jindal Vijayanagar Steel on X (formerly known as Twitter).
Dutta, who is a stock market enthusiast, calculated the current value of shares, and you won’t believe the number he quoted. “Worth Rs 80 crore today,” he added. His calculation has left many in disbelief.
He concluded his post on a thought-provoking note, “Power of buy right, sell after 30 years.”
| Site | Subscription Price | Supported Countries |
|---|---|---|
| FuboTV | 5-day free trial, $10–$90/month | USA, Canada, Spain |
| ESPN+ | $11.99/month | USA |
| Fanatiz | €6.99–€10.99/month | Worldwide |
| StreamLocator | 7-day free trial, no credit card required! $9.90/month | Worldwide |
JSW Steel Ltd is currently trading at Rs 1,003.20, up Rs 34.45 (3.56%) today. The shares are reflecting a strong intraday gain.
Guy on Reddit discovered JSW shares bought by his dad in the 1990s for ₹1L.
Worth ₹80Cr today.
Power of buy right sell after 30yrs. pic.twitter.com/mZTpGt4LII
| Site | Subscription Price | Supported Countries |
|---|---|---|
| FuboTV | 5-day free trial, $10–$90/month | USA, Canada, Spain |
| ESPN+ | $11.99/month | USA |
| Fanatiz | €6.99–€10.99/month | Worldwide |
| StreamLocator | 7-day free trial, no credit card required! $9.90/month | Worldwide |
— Sourav Dutta (@Dutta_Souravd) June 7, 2025
‘Generational wealth for real,’ say Social media users
People who invest in stocks or crypto or are into day trading assembled in the comments section and underlined the power of long-term investing, while others pointed out that even scaled-down investments would have yielded massive returns.
“For redemption of 80 cr, how much tax is imposed? I think 30%?” wrote a social media user in response to the shares.
Another expressed, “I remember the Jindal Vijayanagar Steel IPO. Late 1990s. Those were the days.”
“Not to take away your core point, someone who could invest 1 lakh in a single stock in 1990 was super rich anyway. My father’s monthly salary in 1993 was Rs 800, and we were doing okayish, definitely not poor,” said a third. To this, Dutta replied, “This I understand. But even if we scale the initial investment down by 90% and say the investment was 10K, which is like an annual salary and quite doable, it would’ve been 8Cr today. A very neat and handsome sum today.”
A fourth posted, “Bro, but if someone had 1 lac to dump in the 1990s and forget about it, then probably the family was insanely rich irrespective of today’s share value.”
One social media asked if it is the “power” of “buy and forget”. Another joined him, “Power of buy right, forget for generations and hope that the company doesn’t go bankrupt (as someone from the next 2 generations wants to post it on Reddit of the future for engagement).”
“Don’t be in a rush to sell good businesses. If fundamentals are intact, let time do the heavy lifting. This is not just investing, this is legacy creation,” yet another Internet user chimed in.
