2. IPO Details
The stock was listed on IPO in the year 1979.
18,773 Bonus equity shares issued in
proportion 1:1.
37,546 Bonus equity shares issued in
proportion 1:1 in January 1986.
75,092 Bonus equity shares issued in
proportion 1:1
Equity shares subdivided 155,39,500. Equity
shares allotted shares issued in prop. 1:5.
Cipla has given the Bonus in the Ratio of 3:2
in the year 2006.
3. The Current Picture
There were 2 stock splits of Cipla in
the year 1994 when 1 stock equals 10
stocks and in 2004 when 1 stock
equals 5 stocks.
The IPO price of Cipla is not available
but lets assume a % profit based on
bonus payouts and stock splits.
If 1 lac was invested in Cipla at IPO
price then the networth would be
3000% which is 30 crores in the year