If someone would have invested Rs 10k in Relaxo IPO. What would present value? Let’s find out the Relaxo bonus history.
Relaxo bonus and stock split history
Relaxo footwear Ltd was incorporated in 1984. It is the one of the leading and most popular footwear company in India. Relaxo know the need and consumer behavior of customer very well. Strategy of Relaxo is very simple to keep affordable price while maintaining quality and adding new design features.
Relaxo lie in top 500 most valuable company. The main brand under Salman Khan is the brand ambassador of company.
•SparX
- Bahamas
- Flite
- Boston
• Marry Jane - Kid’s Fun
Relaxo is a consumer discretionary (footwear) company . Company have 8 Manufacturer facilities in india Which is produced 8-10 lakh pair per day.
Shareholding pattern of Infosys
01 Promoters – 71.25%
02 MF (Mutual fund) – 7.92%
03 DII – 0.04%
04 FII – 2.82%
05 Retail and others- 17.98%
Relaxo IPO (date & price)
Relaxo IPO came in 1995 with share price of one share is Rs 20. Let is assume if someone invested Rs 10k in Relaxo IPO he got 500 shares.
Let’s find out the present value of 500 shares.
• Today Market cap. Of Realxo is Rs 20,000 crore and CMP(current market price) is Rs 850
Relaxo bonus history
Relaxo bonus and stock split history
REALXO gave 3 times Bonus shares since 1995 & 2 times stock split
01 Stock split(2000) (face value 10 to 5) – 1000 shares
02 Bonus 1:1 (2000) – 2000 shares
- Stock split (2013) (face value 5 to 1) – 10,000 shares
04 Bonus 1:1 (2015) – 20,000 shares
05 Bonus 1:1 (2019) – 40,000 shares
In 2023 RELAXO convert your 500 shares to 40,000 shares
Present value of 40,000 shares of Relaxo is Rs 34,000,000
Means Relaxo convert your Rs 10,000 into Rs 3.4 crore
Time period -27 years
CAGR of Relaxo is 35.14%
Note – Compounding is the 8th wonder of this world
Some interesting fact about about Relaxo company
Today Realxo has become very popular brand in India. Relaxo distribution market in india is very big. Relaxo have 360+ retail outlet in India. Relaxo product also available in online ecommerce website like Amazon, Flipkart etc. Realxo have 15% market share of organized footwear market & there 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
Future of Relaxo
Relaxo future is bright because relaxo focus on middle class of company. As India’s middle class grows, the company will grow. India footwear market is very big and Indian population also huge consumption of Indian population grow help the increase sales of company. Big challenge for relaxo is another brand like bata, campus . Let’s see what happened in future
F&Q
Qus1 How many times did Relaxo share split
Ans Relaxo gave two time stock split from IPO
- In 2000 face value 10 to 5
- In 2013 face value 5 to 1
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