#DIVISLAB #Wealth Creation journey
#IPO at Rs.140/share in 2003
If had got 100 shares (Rs.14000 #investment)
&
10:2 stock split in 2007
1:1 bonus in 2009
1:1 bonus in 2015
Total shares as of today 2000
Value today: 2000 Sh @ Rs. 4823 = 96.4 Lakhs
REAL Power of LT #Investing
#IPO at Rs.140/share in 2003
If had got 100 shares (Rs.14000 #investment)
&
10:2 stock split in 2007
1:1 bonus in 2009
1:1 bonus in 2015
Total shares as of today 2000
Value today: 2000 Sh @ Rs. 4823 = 96.4 Lakhs
REAL Power of LT #Investing
@ipo_mantra : A Re-tweet would have been better than a Copy Paste I believe. 
Anyways, am glad that the data & information is getting spread and #investors can benefit from the knowledge.
#IPO in good companies with loads of patience is the way to go.
#TCS is another GREAT example of long term #wealth creation. @ipo_mantra
#IPO in good companies with loads of patience is the way to go.
#TCS is another GREAT example of long term #wealth creation. @ipo_mantra
My first IPO
#TCS Journey of ~Rs 12,000 to 3,60,000
#TCS #IPO 2004 at Rs 850
I got 14 shares (min bid was 7) for invested capital of ~Rs.11,900
It lists at 1075/-
3 bonuses so:
14+14=28
28+28=56
56+56=112
TCS now is 3212/-
Today Value ~ 3.6 lakhs
3000% Returns + dividend.
#TCS Journey of ~Rs 12,000 to 3,60,000
#TCS #IPO 2004 at Rs 850
I got 14 shares (min bid was 7) for invested capital of ~Rs.11,900
It lists at 1075/-
3 bonuses so:
14+14=28
28+28=56
56+56=112
TCS now is 3212/-
Today Value ~ 3.6 lakhs
3000% Returns + dividend.
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