New Delhi, Jan. 14 -- Shanti Educational Initiatives shares delivered multibagger returns through business growth and corporate actions, such as a 1:10 stock split, turning an initial retail investment of Rs.1.44 lakh (1,600 shares at Rs.90) into approximately Rs.27.20 lakh over ten years.
The stock split was authorized (transforming one equity share into ten), increasing the number of shares from 1,600 pre-split to 16,000 post-split, thus improving liquidity and making it more accessible for retail investors.
Shanti Educational Initiatives was listed on June 14, 2016, on BSE SME after a fixed-price issuance of 44 lakh shares at Rs.90 (with a face value of Rs.10), which raised Rs.39.6 crore. The smallest retail lot consisted of 1,600 sh...
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