If someone invested RS 1 lakh in HDFC Bank IPO. Let us discuss the Rs 1 lakh today value.
HDFC BANK
HDFC Bank is India’s most valuable bank. HDFC bank lie top 10 biggest companies of India. HDFC bank is one of the most favorite stock of MF(Mutual fund) & FII (foreign institutional investors). Now Market cap. Of HDFC bank is Rs 8,98,086 crore and CMP (current market price) is Rs 1650.
Shareholding Pattern of HDFC BANK
1.Promoters -25.60%
2.MF -18.30%
3.FII -32.26%
4.DII -9.85
5.Retail and others -13.92%
HDFC BANK IPO
HDFC BANK IPO came in 1995 with share price of one share is Rs 10.
1 lakh invested in HDFC Bank ipo is worth 16.5 crore. Next step awe find out
Let us assume if someone invested Rs 1 lakh in HDFC BANK IPO he got 10000 shares.
Now figure out the value of 10000 shares
HDFC BANK Bonus & stock split history
1.Face value 10 to 1 – 50000 shares (2011)
2.Face value 2 to 1 – 100000 shares (2019)
Now we find the value of 100,000 shares
Today HDFC Bank stock price is Rs 1650
Value of 100,000 shares is RS 165,000,000
Means HDFC BANK convert your Rs 1 LAKH into Rs 16.5 Crore (approx)
Time period= 27 years & CAGR of HDFC Bnak 🏦 is 31.5%
Note :- Compounding Is the 8th wonder of this world
HDFC bank also give good dividend.
HDFC bank has a secret formula for Buisness growth, risk management and customer service. For the success of HDFC Bank all credit goes to Deepak parekh.
HDFC Bank is fundamental great company also lie in Nifty 50.