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LORD JESUS CHRIST SAYS

“Ask and it will be given to you; seek and you will find; knock and the door will be opened to you. For everyone who asks receives; the one who seeks finds; and to the one who knocks, the door will be opened. Matthew 7:7-8

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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