If someone invested RS 10000 in Reliance IPO. Let us discuss the Rs 10000 today value.
Reliance
Reliance is the India no.1 company by Market cap. Reliance is a large cap company & total market cap is Rs 15,12,015 crore and CMP ( current market price) is Rs 2350. Reliance business engaged in many sector like petrochemical, refinery, telecom sector (Jio) , Retail and insurance sector.
Shareholding Pattern of Reliance
- Promoters 49.11%
- MF 5.56%
- DII 9.27%
- FII 22.85%
- Retail & other 13.12%
Reliance industry IPO
Reliance IPO came in 1977 with share price of one share is Rs 10.
Let us assume if someone invested Rs 10k in reliance IPO he got 1000 shares.
Now figure out the value of 1000 shares
Reliance Industries Bonus & stock split history
- Bonus 1997 1:1 2000 shares
- Bonus 2009 1:1 4000 shares
- Bonus 2017 1:1 8000 shares
Now we find the value of 8000 shares
Today price is Rs 2350
Value of 8000 shares is RS 18,800,000
Means Reliance Industries convert your Rs 10 k into Rs 1.8 crore
Time period= 25 years & CAGR of Reliance stock is 35.20%
Note :- Compounding Is the 8th wonder of this world
Reliance industry also give good dividend
Reliance industry is fundamental great company also like in Nifty 50.