ITC shares possess the potential to generate multiple returns following the IPO
The IPO price for ITC shares was 3 rupees per share
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If an investor invests 1000 rupees in ITC shares, they will receive 333 shares of ITC.
After Bonus and Stock Splits they 333 stock convert into 1,15,200 Share.
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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.
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ITC Limited, Full form Imperial Tobacco Company of India Limited. It was founded in 1910 and is headquartered in Kolkata, India.
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