Motherson came out with IPO at 25 INR per share in April-1993
Only 2500 INR of investment on 100 shares.
The Company's Bonus History and Multiplication of Shares as follows :-
1997-98: Bonus 1:2 - 100 shares became 150 shares
2000-01: Bonus 1:2 - 150 shares became 225 shares
2002-03: Split into Rs.5 paid up - 225 shares became 450 shares
2003-04: Split into Rs.1 paid up - 450 shares became 2250 shares
2004-05: Bonus 1:2 - 2250 shares became 3375 shares
2007-08: Bonus 1:2 - 3375 shares became 5062 shares
2012-13: Bonus 1:2 - 5062 shares became 7593 shares
2013-14: Bonus 1:2 - 7593 shares became 11389 shares
So, 100 shares became 11,389 shares.
Current market value of 11,389 shares=
11,389 shares*Rs.489(Current Value)=55,69,221 INR
So, Total Value of Rs.2500 invested in IPO including cumulative dividend is Rs. 56,71,602 as at 10th June, 2015.
Thus, 2268 times increase in Investment Value in 22 years!!!
(Motherson Sumi announces :- 1:2 Bonus on 10th June'15)
Only 2500 INR of investment on 100 shares.
The Company's Bonus History and Multiplication of Shares as follows :-
1997-98: Bonus 1:2 - 100 shares became 150 shares
2000-01: Bonus 1:2 - 150 shares became 225 shares
2002-03: Split into Rs.5 paid up - 225 shares became 450 shares
2003-04: Split into Rs.1 paid up - 450 shares became 2250 shares
2004-05: Bonus 1:2 - 2250 shares became 3375 shares
2007-08: Bonus 1:2 - 3375 shares became 5062 shares
2012-13: Bonus 1:2 - 5062 shares became 7593 shares
2013-14: Bonus 1:2 - 7593 shares became 11389 shares
So, 100 shares became 11,389 shares.
Current market value of 11,389 shares=
11,389 shares*Rs.489(Current Value)=55,69,221 INR
So, Total Value of Rs.2500 invested in IPO including cumulative dividend is Rs. 56,71,602 as at 10th June, 2015.
Thus, 2268 times increase in Investment Value in 22 years!!!
(Motherson Sumi announces :- 1:2 Bonus on 10th June'15)