@PKRAJ Lancer Container ipo price Rs 12 n lot size 10000 (March 2016 )
Total investment @ the time of ipo was 12 * 10000 = 1.20 Lac
Company gave bonus in the ratio of 3:5 ( Jan 2018 ) .
Bonus of 3: 5 means ur number of shares gone up from 10000 to 16000
Again Company issued bonus in the ratio of 2: 1 in October 2021 means
16000 shares becomes 32000 shares.
Company split it's share from F. V. 10 to 5 in December 2022
32000 shares are now 64000 number of Shares.
CMP : 145
Hence total market value = 145 *64000= 92.80 Lac
&
All time high value : 246 becomes 1.574 Crore.
I got the allotment in this but sold it in 2020 with great appreciation.
Hence 1.244 lacs invested @ ipo is close to 88.99 Lac in just 7 years only. 😃😃
This type of multifold return is only possible in the stock market. If any other places we can earn, please guide.