4 Multibagger Stocks That Will Soon Issue Bonus Shares: Check Details

Updated: Thursday, March 17, 2022, 20:30 [IST]

Bonus shares are issued in some provided proportion to the company's existing shareholders free of cost. From the company's free reserves, the bonus shares are issued at the existing FV of equity shares of the company.

So, here are 4 multibagger scrips that will go ex-bonus next week and hence will be soon adding bonus shares for your existing shareholding in the stock. So, check if you hold any of the below scrip and eligible for bonus shares.

BSE

The monopoly stock exchange that turned out to be quite lucrative for investors with 1-year return of 421% announced bonus share issuance. The company on February 8, 2022 announced that it shall pay bonus shares in the ratio of 2:1 i.e. 2 shares of Rs. 2 each for every one full paid up share of Rs. 2 each held by the shareholders of the company as on record date fixed at March 22, 2022 and hence the stock shall trade ex-bonus from March 21, 2022.

BSE stock ahead of the stock turning ex-bonus trades lower by over 5% on Thursday (March 17, 2022) at a price of Rs. 2811 per share, while the stock's 52-week high price is Rs. 3140.

BSE as per the latest m-cap is the small cap company with a high public shareholding. The corporatized entity that offers a transparent platform for trading in equity, mutual funds, debt and derivatives instruments.

Virinchi

The company has announced 1:1 bonus share issuance and shall again go ex-bonus on March 21, 2022. The small cap company from the software space works to offer market lending loan management system for short term micro credit industry, full scale IT services with speciality in Analytics & Mobility and Healthcare Delivery Business in India comprising Three Operating Hospitals with a Pan-India Healthcare Mobility solution. Established in 1991, the company operates out of Hyderabad. For the purpose of eligibility determination for bonus shares, record date is March 22, 2022.

DJ Mediaprint & Logistics

A small cap company's is a leading provider of Integrated Printing, Logistics and Courier solutions in India and overseas with an extraordinarily networked transport operations, pre-eminent quality standards and leading processes & operations. It also provides Bulk Mailing, Speed Post, Records Management, Manpower Supply, RTO Management, Bulk Scanning, Moving and other services.

The company also announced 1:1 bonus share issuance on 3rd February and the stock shall turn ex-dividend on 24th March, while the record date for the said bonus is March 25, 2022.

Nandan Denim

This is the country's leading denim supplier. The company's annual denim production capacity is 110 million meters. The company supplies its fabric to its clientele in over 27 nations across the globe.

The other products of the company are shirting and yarn.

This company on February 10, 2022 announced bonus shares in the ratio of 2:1 and the stock shall trade ex-bonus from March 24, 2022, while the record date is March 25, 2022.