In this post, we will be discussing about ITC Bonus History Ever since its listing on the stock market.
ITC is one of the leading FMCG brands in India. It was incorporated in India in 1910. ITC launched its IPO in 1970 at a price of ₹3. The company announced its first bonus in 1978. Till now ITC has done a total of 8 share bonuses and 1 stock split.
Also Read: Infosys Bonus History
Page Contents
ITC Bonus History
| Year | Share Bonus Ratio |
|---|---|
| 1978 | 1:5 |
| 1980 | 1:5 |
| 1989 | 1:1 |
| 1991 | 3:5 |
| 1994 | 1:1 |
| 2005 | 1:2 |
| 2010 | 1:1 |
| 2016 | 1:2 |
About ITC
ITC is a diversified conglomerate with businesses spanning Fast Moving Consumer Goods, Hotels, Paperboard, and Packaging, As well as Agribusiness and Information Technology. It is also one of the largest private-sector companies in India.
Although cigarettes are the company’s main product line, ITC has products in other categories as well, such as Aashirwad Atta, Bingo Chips, Fiama, Savlon, Vivel, Classmate Stationery, and Sunfeast Yippee.
ITC Fundamentals
| ITC | Fundamentals |
|---|---|
| Market Cap | ₹5,71,498Cr |
| P/E | 28.33 |
| P/B | 8.27 |
| EPS | 16.18 |
| ROE | 29.21% |
| Debt to Equity | 0 |
| Dividend Yield | 3.37% |
| Book Value | 55.40 |
| Face Value | 1 |
What if you have invested 10000 in ITC in 1970?
The issue price of the ITC IPO was ₹3. If you have invested ₹10000 in that time you could get approximately 10000/3= 3333 shares.
Till now ITC announced a total of 8 times share bonuses and one time stock split. Due to this, your 3333 shares could become 13,81,700 shares. Here’s how:
| Year | Action | No of Share |
|---|---|---|
| 1970 | Initial Investment | 3333 |
| 1978 | 1:5 Stock Bonus | 3999 |
| 1980 | 1:5 Stock Bonus | 4798 |
| 1989 | 1:1 Stock Bonus | 9596 |
| 1991 | 3:5 Stock Bonus | 15,353 |
| 1994 | 1:1 Stock Bonus | 30,706 |
| 2005 | 1:2 Stock Bonus | 46,059 |
| 2005 | Stock Split Face Value to 1 | 4,60,590 |
| 2010 | 1:1 Stock Bonus | 9,21,180 |
| 2016 | 1:2 Stock Bonus | 13,81,700 |
As of 2023, ITC is trading at approximately 450. So if you have stayed invested in ITC from IPO time then your ₹10000 invested would become: 1381700*450= 621765000 (62.17 Cr) in 52 years.
Also Read: Earn 1000 Rupees Per Day Without Investment
FAQs: ITC Bonus History
1. How many times did ITC give a bonus?
ITC has given a total 8-time stock bonus.
2. Did ITC give any Stock Splits?
Yes, ITC has only done a stock split once in 2005.
3. When was the first time ITC issued a share bonus?
Insofys issued a share bonus for the First time in 1978.
4. When did ITC last give a stock bonus?
ITC gave a 1:2 share bonus last in 2016.
5. Did ITC announce any Stock splits in recent times?
No, ITC didn’t announce any Stock splits in recent times.
Disclaimer
The investment options and stocks mentioned here are not recommendations. Please go through your own due diligence and conduct thorough research before investing. Investment in the securities market is subject to market risks. Please read the Risk Disclosure documents carefully before investing. Past performance of instruments/securities does not indicate their future performance. Due to the price fluctuation risk and the market risk, there is no guarantee that your personal investment objectives will be achieved.
