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LORD JESUS CHRIST SAYS

“Blessed are you when people insult you, persecute you and falsely say all kinds of evil against you because of me. Rejoice and be glad, because great is your reward in heaven, for in the same way they persecuted the prophets who were before you.

28 Oct 2018

SHARE MARKET--I bought ICICI Bank shares in IPO in 2007. If I sell at today's price, what is my gain/loss?


Let us suppose you got 1 lot in IPO.
1 Lot= 6 Shares
Issued price= 890 INR
Face value was split from INR 10 to INR 2 on 4 Dec, 2014
This means that your 6 shares were increased to 30 shares.
And then in 2017, 20 June; bonus shares were issued by company in 1.1:1 ratio.
Which means that your 30 shares were increased to 33 shares.
CMP= 320
Shares= 33
Total Valuation= 10560
Money invested in 2007 during IPO= 5340 (6*890)
Profit= 5220
Profit %= 97.75%
This profit does not includes dividend received.
For exact calculation please mail me your exact amount shares you received during IPO.


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