If someone Rs 10000 invested in SBI (State Bank of Inda) in 2010. What would be present value?
About SBI ( State Bank of India)
SBI is one of the largest bank in india with one – fourth market share. SBI is a fortune 500 company is an Indian multinational public sector bank. President of India is the promoter of State Bank of India.
SBI subsidiary
01 SBI capital markets Ltd
02 SBI General insurance corporation Ltd
03 SBI cards and payment service Ltd
04 SBI global factor Ltd
05 SBI fund management Ltd
06 SBI DFHI Ltd
07 SBI life insurance corporation Ltd
08 SBI cap securities Ltd
09 SBI mutual fund
10 SBI payment services private Ltd
11 SBI pension fund limited
12 SBI SG Global securities private limited
Only 2 subsidiary of State Bank of India listed in Stockmarket
1 SBI life Market share of SBI (55.50%) in SBI life
02 SBI cards and payment service limited Market share of SBI (69.39%) in SBI cards and payment service
SBI provide many services like
01 Account (saving and current)
02 Investment and Deposit
03 Loan
04 SME
05 Cards ( Debit and credit)
06 SBI startup
07 Corporate Banking
fundamentals about SBI
It is large cap company
01 Market cap – Rs 5,10,577 crore
02 CMP (current market price) – Rs 640
03 Dividend yield – 1.98%
04 Net NPA – 0.68%
05 CASA (current account & Saving account) – 42.67%
Shareholding pattern of SBI
01 Promoter – 57.49%
02 Mutual fund – 11.98%
03 DII – 12.38%
04 FII – 10.72%
05 Retail and others – 07.43%
10000 invested in SBI in 2010
In 2010 price of one share of SBI is Rs 200 (approx). If someone invested 10,000 he gets 50 shares let’s fund out the present value of SBI 50 shares
SBI bonus and stock split history
SBI gave zero bonus and one time stock split since 2010
01 Stock split (2010) – ( face value 10 to 01) – 500 shares
In 2024 price of one share of SBI is Rs 580
Total value of 500 shares is Rs 3,20,000
Means SBI Rs 10,000 converts into Rs 3,20,000. (30X growth 📈)
Time period – 13 years
Note – Compounding is the 8th wonder of this world.
SBI net profit is rising last few years Legacy of state Bank of India past 200 years.
In India SBI has 48 crore customer with 22,405 branches and 65627 ATM. State bank of India balance sheet is very strong. State bank of India will keep growing & keep rewarding it’s shareholders in future also. India is developing countries. State Bank of India will also grow with the growth of India.