ITC shares possess the potential to generate multiple returns following the IPO
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 Bonus and Stock Splits they 333 stock convert into 1,15,200 Share.
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.