2:1 bonus shares, 1:10 stock split: SME stock Sarveshwar Foods gives 200% return to IPO allottees in 6 years
Live Mint2:1 bonus shares, 1:10 stock split effect: For an intelligent stock market investor, the initial public offering investment strategy is not much different from the stock investment strategy because investing in an IPO is like investing in a stock. However, if an investor had persisted with its conviction regarding this SME stock and it had remained invested in the stock post-weak listing, one would have benefited from the 2:1 bonus shares and 1:10 stock split that the company declared in September 2023. On 15th September 2023, Sarveshwar Foods share price traded ex-bonus and ex-split to finalize the list of eligible shareholders of the company for issuance of 2:1 bonus shares and 1:10 stock split benefits. Stock split effect The BSE website further informs that the SME stock traded ex-split on the same date to ascertain the eligible shareholders for a 1:10 stock split.