Infosys Share: Investors did not show much interest in the IPO of Infosys. This IPO was not fully subscribed. However, the listing of the shares of the issue was done at a premium of 52 per cent.
new Delhi. Today Infosys is one of the well-known companies around the world. On July 2, 1981, 7 engineers together established Infosys Consultants Private Limited in Pune. In its journey of 40 years, the company has created a valuation of about 8 lakh crores and about three lakh employees work here. Not only this, the company has also given a lot of profit to the investors. The company’s IPO came 29 years ago. The issue price of Infosys share was Rs.95. Today the share price has increased to Rs 1,521 (Infosys Share Price).
The special thing is that the IPO of Infosys was taken very lightly by the investors.n1993 Infosys IPO was not fully filled. Famous investors like Morgan Stanley, Vallabh Bhansali and VG Siddharth had invested in this IPO. The special thing was that the shares of Infosys were listed at a premium of 52 per cent from the issue price. In this way, soon after being listed, Infosys shares gave huge profits to the investors.
Company has given bonus shares 8 times
According to a report by Moneycontrol, Infosys has issued bonus 8 times since its listing and has also done share split once. There is also an interesting thing that if no investor has sold only 100 shares received in the IPO, then now the total number of their shares has become 102400. Infosys shares have been under pressure in the last one year. This stock has lost 16.44 percent in one year.
Rs 9,500 has become 15 crores
If an investor had bought 100 shares in Infosys IPO by investing Rs 9,500 and kept his investment, then today he has become a millionaire. This is because the number of shares is now 102400 due to the issue of 8 bonus shares and once the share split. Now the share rate has gone up to Rs 1,521. In this way now the price of 102400 shares has become Rs 155,750,400.
Profit increased in the second quarter
In the second quarter of the financial year (2022-23), Infosys’s profit has increased by 11 percent to Rs 6,021 crore. Infosys’ profit stood at Rs 5,421 crore in the September quarter of the last financial year. The company’s profit grew by 11.1 per cent on an annual basis, while on a quarterly basis it saw an increase of 12.3 per cent.
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com
