By investing just 1000 rupees in the ITC IPO, you could have already become a crorepati. It is undeniable that ITC shares possess the potential to generate multiple returns following the IPO. ITC return from last 50 years.
ITC Return 1000 to 5 crore
| Year | Bonus or Split | Total Share |
| 1970 | IPO/ Investment | 333 |
| 1978 | 1:5 | 400 |
| 1980 | 1:5 | 480 |
| 1989 | 1:1 | 960 |
| 1991 | 1:3 | 1280 |
| 1994 | 1:1 | 2560 |
| 2005 | 1:2 | 3840 |
| 2005 | 10:1 Split | 38400 |
| 2010 | 1:1 | 76800 |
| 2016 | 1:2 | 115200 |
The IPO price for ITC shares was 3 rupees per share. If an investor invests 1000 rupees in ITC shares, they will receive 333 shares of ITC.
After the bonus issues and stock splits, the total number of shares has increased from 333 to 115,200. Now ITC share price is around 455 rupees. The 1000 rupee contest was transformed into 5.24 crore rupees by multiplying 1,15,200 by 455, resulting in 52416200.
Also Read: Wipro Share Price in 1980 and Multibagger Story
About ITC Company
ITC Limited, Full form Imperial Tobacco Company of India Limited. It was founded in 1910 and is headquartered in Kolkata, India. ITC operates in various sectors, including Fast-Moving Consumer Goods (FMCG), hotels, paperboards and packaging, agribusiness, and information technology.
Key information about ITC:
- Business Segments: ITC operates in diverse business segments:
- FMCG: This includes products like cigarettes, food and beverages, personal care, and more.
- Hotels: ITC owns and operates luxury hotels in India under the brand name ‘ITC Hotels.’
- Paperboards and Packaging: ITC is a major player in the paper and paperboard industry, producing packaging materials and speciality papers.
- Agribusiness: This segment encompasses activities related to agricultural commodities and exporting.
- Information Technology: ITC’s IT business provides a range of IT solutions and services.
- FMCG: ITC is well-known for its FMCG products, including popular brands like Aashirvaad, Sunfeast, Bingo!, Classmate, Yippee!, Fiama, and Vivel.
- Tobacco: ITC has been working towards diversifying its business to reduce its dependence on tobacco-related products due to health concerns.
- Sustainability: ITC has been recognized for its sustainable practices and commitment to corporate social responsibility. The company has undertaken several initiatives related to environmental conservation, community development, and rural empowerment.
- ITC e-Choupal: One of ITC’s notable initiatives is the “e-Choupal” project, which leverages technology to connect rural farmers with information about agricultural practices, crop prices, and more. It aims to empower farmers and enhance their productivity.
- Leadership: ITC has been led by various chairpersons and managing directors over the years.
Question and Answer
Ans. ITC share gives multiple times return after IPO.
