G M Polyplast Bonus Share: Investors who are long-term in the stock market gain from bonus shares, dividends buybacks of shares rights issues, and many more.
The listed company continues to distribute profits to investors periodically. It is one of the stocks that has delivered high returns to its investors over the long run.
Bonus shares are the main focus of this. It’s related to GM Polyplast shares (G M Polyplast share price). Let us know the details.
The Company Had Given 6 Bonus Shares
The GM Polyplast IPO was launched in October of 2020. The issue was advertised through the BSE SME platform. The SME IPO was first launched with a fixed rate of Rs 159.
The issue was listed with an unlisted listing on the BSE SME platform. However, after an initial flat launch, the SME stock witnessed a huge leap.
Following this, the promoters of the company released bonus shares at a proportion of six to one. The company’s eligible shareholders received six shares of bonus stock as a reward.
The SME shares traded for sale ex-bonus on January 4, 2023. One lot contained 800 shares of company stock. If the allottee was involved in SME stock, despite the low market, his stake would have grown to 5600 [800 x {(6+1)/1}].
Bumper Profits For Investors
This GM Polyplast IPO lot comprised 800 shares and was sold for sale at the IPO cost of 159 rupees per share. The minimum amount needed to participate in this massive BSE SME IPO was Rs 1,27,200 (Rs 159 x 800).
The shareholding of the allottee was increased to 5600 following the bonus shares of 6:1. GM Polyplast shares had hit an intraday high of 211 for each share.
If an allottee is not invested through the SME IPO regardless of the cost-effective offering, his 1,27,200 rupees would be reverted to the rupees of 11,81,600.
G M Polyplast Stock Performance
| Current Price | ₹ 198 |
| 52-wk High | ₹ 216 |
| 52-wk Low | ₹ 106 |
| 5 Days Return | 1.28% |
| 1 Month Return | 9.24% |
Key Fundamentals Parameters
| Market Cap | ₹ 266 Cr. |
| Stock P/E | 37.5 |
| Book Value | ₹ 23.6 |
| Dividend | 0.25 % |
| ROCE | 37.5 % |
| ROE | 28.0 % |
| Face Value | ₹ 10.0 |
| P/B Value | 8.37 |
| OPM | 12.3 % |
| EPS | ₹ 5.27 |
| Debt | ₹ 1.19 Cr. |
| Debt to Equity | 0.04 |
G M Polyplast Shareholding Pattern
| Promoters Holding | |
| Mar 2023 | 73.54% |
| June 2023 | 73.54% |
| Sept 2023 | 73.54% |
| Dec 2023 | 73.54% |
| Mar 2024 | 73.54% |
| FII Holding | |
| Mar 2023 | 0.00% |
| June 2023 | 0.00% |
| Sept 2023 | 0.42% |
| Dec 2023 | 0.42% |
| Mar 2024 | 0.42% |
| Public Holding | |
| Mar 2023 | 26.45% |
| June 2023 | 26.46% |
| Sept 2023 | 26.04% |
| Dec 2023 | 26.05% |
| Mar 2024 | 26.04% |
G M Polyplast Share: Last 5 Years’ Financial Condition
Last 5 Years’ Sales:
| 2020 | ₹ 63.15 Cr |
| 2021 | ₹ 52.14 Cr |
| 2022 | ₹ 73.87 Cr |
| 2023 | ₹ 82.26 Cr |
| 2024 | ₹ 92.02 Cr |
Last 5 Years’ Net Profit:
| 2020 | ₹ 2.29 Cr |
| 2021 | ₹ 3.51 Cr |
| 2022 | ₹ 4.19 Cr |
| 2023 | ₹ 4.92 Cr |
| 2024 | ₹ 7.09 Cr |
Conclusion
The information and forecasts provided result from the analysis of our research team, the company’s basics and history, experience and various technical analyses.
Also, we’ve talked in depth about the shares’ prospects and growth possibilities.
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