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| PURPOSE | FACE VALUE | EX-DATE | RECORD DATE | BOOK CLOSURE START DATE | BOOK CLOSURE END DATE |
|---|---|---|---|---|---|
| Bonus 2:3 | 2 | 15-Jun-2010 | 16-Jun-2010 | – | – |
| Bonus 1:1 | 2 | 13-Jun-2017 | 14-Jun-2017 | – | – |
| Bonus 1:3 | 2 | 06-Mar-2019 | 07-Mar-2019 | – | – |
Let’s Suppose A person has 2000 Shares of Wipro for 60 Rs in 2009. What will be the value of the amount and no. of shares now in 2024?
Bonus Issuances:
- Bonus 2:3 (2010):
- This means for every 3 shares, 2 bonus shares are issued.
- Calculation: Bonus Shares=(2/3)×2000=4000/3=1333.33
- Total Shares After Bonus: 2000+1333=3333
- Bonus 1:1 (2017):
- This means for every 1 share, 1 bonus share is issued.
- Calculation: Bonus Shares=1×3333=3333
- Total Shares After Bonus: 3333+3333=6666
- Bonus 1:3 (2019):
- This means for every 3 shares, 1 bonus share is issued.
- Calculation: Bonus Shares=(1/3)×6666=6666/3=2222
- Total Shares After Bonus: 6666+2222=8888
| Year | Initial Shares | Bonus Issuance | Bonus Shares | Total Shares |
|---|---|---|---|---|
| 2009 | 2000 | – | – | 2000 |
| 2010 | 2000 | 2:3 | 1333 | 3333 |
| 2017 | 3333 | 1:1 | 3333 | 6666 |
| 2019 | 6666 | 1:3 | 2222 | 8888 |
So, by 2019, the user would have 8888 shares.
- No. of Share in 2009 = 2000
- Total value of Shares in 2009 = 2000*60=1,20000 Rs.
- No. of Share in 2024= 2000
- Total value of Shares in 2024= 8888*460=4088480 Rs.
Disclaimer: This information is for educational purposes only and should not be considered financial advice. Please consult with a qualified financial advisor before making any investment decisions.