If someone would have invested Rs 1Ok in kotak Mahindra bank in 2003 . What would present value? Let find out the kotak mahindra bank bonus history
Kotak Mahindra Bank
Mr. Uday Kotak started Kotak Mahindra Finance ltd (KMFL) in 1985 which was NBFC. In 1986 Anand Mahindra & his father Haresh Mahindra invested approx Rs 1 lakh in Mahindra finance litd after that kotak finance name change into kotak mahindra bank. In 2003 KMFL got banking license from RBI & after getting Banking license the company grow very fast.
Kotak Bank subsidiaries are
1. Kotak stock broking
2. Kotak insurance
3. Kotak investment banking
4. Kotak asset management
Some important key metrics of kotak mahindra bank
1. Market cap. – 3,74,786 core
2. CMP (current market price) – Rs 1900
3. Dividend yield – 0.06%
4. Total customer – 39 million
5. No. Of branches – 1752
6. Customer asset – 3.39,313 crore
Net NPA of kotak bank is very low and Standalone profit of Kotak Mahindra Bank in Q3FY24 is 2792 crore.
Share holding pattern of kotak Mahindra Bank
01 Promoter – 25.09%
02 MF (Mutual fund) – 10.99%
03 DII – 10.36%
04 FII – 39.43%
05 Retail and others- 13.27%
KOTAK MAHINDRA BANK Price in 2004 when kotak finance got banking license from RBI Kotak Mahindra Bank share price in 2004 of one share is Rs 8. Let us assume if someone invested Rs 10k in kotak mahindra bank he got 1250 shares Let’s find out the present value of 1250 shares
kotak mahindra bank bonus and stock split history
Kotak Mahindra Bank 3 times Bonus shares since 2003 and 1 times stock split
01 Bonus 1:1 (2004) – 2500 shares
02 Bonus 3:2 (2005) – 6250 shares
03 Stock Split (FV 10 to 5) 2010 – 12,500
04 Bonus 1:1 (2015) – 25,000
In 2023 Kotak Mahindra Bank convert your 1250 share to 25,000 shares
Present value of 25,000 shares of Kotak Mahindra Bank is Rs 475,000,000
Means Kotak Mahindra Bank convert your Rs 10k into Rs 5 crore (approx)
Time period -20 years
CAGR of Kotak Mahindra Bank is 52.70%
Note – Compounding is the 8th wonder of this world
Some interesting fact about about Kotak Mahindra Bank
Huge growth potential of financial service sector in the future because finance is the backbone of the economy of any country. KOTAK mahindra bank are huge growth opportunities with its strong balance sheet & brand’s power. It will continue to grow in future & it will keep rewarding it’s shareholders with bonus shares and dividend in future also
F&Q
Qus 1. Who is the founder of Kotak bank?
Ans Uday kotak is the founder of kotak mahindra bank.
Qus 2. Kotak bank split history?
Ans 2. Kotak Mahindra Bank split once in 2010.