Next week, three companies in the stock market are going on an X date with their bonus issue. Companies such as Shraddha Prime Projects, Technopaq Polymers and Indraprastha Gas are preparing to give benefit of bonus shares to investors. According to the data available on BSE, all these companies will issue bonus shares in a ratio of 1: 1.
What does 1: 1 ratio mean?
1: 1 bonus issue means that the company will give an additional share to investors in lieu of each share. For example, if you have 10 shares of a company and gives it a 1: 1 bonus issue, you will get 10 additional shares for free. In this way you will have a total of 20 shares. However, the share price usually decreases in this ratio, but the total share of investors is not affected.
Which companies will give bonuses?
Shraddha Prime Projects
X-bonous date: 27 January 2025
Bonus Issue Ratio: 1: 1
Record date: 27 January 2025
Technopak polymers
X-bonous date: 27 January 2025
Bonus Issue Ratio: 1: 1
Record date: 27 January 2025
Indiprasthary gas
X-bonus date: 31 January 2025
Bonus Issue Ratio: 1: 1
Record date: 31 January 2025
Why is the ex-bone date special?
The ex-bonous date is the date, after which investors who buy shares are not eligible to get bonus shares. This means that if you want to take advantage of the bonus shares of these companies, then you will have to buy shares of these companies before the X-bonus date.
The advantage of the bonus issue is that this leads to more shares with investors, increasing their portfolio size. However, after getting a bonus shares, the share price usually decreases the same ratio, but this does not affect the total share of investors.