9:5 Bonus Issue: 3 Mulltibaggers, 1 Penny Stock To Turn Ex-Bonus In December; 100-160% Returns YTD

Four stocks will be in focus in December month for turning ex-bonus. Three of them are multi-baggers in midcap and smallcap baskets, while 1 is a penny stock. They are Dhyaani Tile and Marblez, Pooja Entertainment, Safari Industries, and Sonata Software. These companies will pay bonus shares ranging in the ratio of 1:1 to as high as 9:5.

In general terms, bonus shares are issued in a certain proportion only to the existing shareholders free of cost. Under this corporate action, new shares are issued at the existing Face Value of equity shares of the company. Hence, the face value remains the same post-bonus issue.

Dhyaani Tile and Marblez:

This penny stock has locked on a 5% upper circuit at the start of December month. On Friday, the stock price ended at Rs 93.92 apiece, up by 5%. YTD, the stock zoomed by over 32% on BSE.

The company has fixed December 7th as the record date for determining eligible shareholders for bonus shares in the ratio of 9:5. On this day, the stock will also turn ex-bonus.

The 9:5 ratio means that the company will issue nine equity shares having a face value of Rs 10 each for every five existing equity shares having a face value of Rs 10 each.

Dhyaani is a tiles and marbles trading company based in Ahmedabad, India.

Pooja Entertainment And Films:

This small-cap stock ended at Rs 393.65 apiece, up by 2% on BSE after market hours of December 1st. Year-to-date, the stock has emerged as a multibagger with an upside of a whopping 103% on the exchange.

Pooja Entertainment shares will turn ex-bonus on December 9th which is also the record date to determine the eligibility of shareholders entitled to issuance of bonus equity shares of the company.

The bonus shares are in the ratio of 6:1 which means that Pooja Entertainment will issue six bonus shares against every 1 existing equity share. The face value is Rs 10 each.

Pooja Entertainment is one of India's largest film production and distribution companies founded in 1995.

Safari Industries (India):

Yet another smallcap stock to emerge as multi-baggers in 2023 so far. YTD, the stock has zoomed by over 160% on BSE. However, last week on Friday, the stock ended at Rs 4415.05 apiece, marginally down from the previous day's closing price.

Safari Industries will turn ex-bonus on December 12. This will also be the record date for determining the entitlement of Members for the issue and allotment of Bonus Equity Shares in the proportion of 1:1. This ratio means that the company will issue 1 new bonus share for every 1 existing share. The face value is Rs 2 each.

Safari Industries' product portfolio includes luggage, backpacks, school bags, fashion bags for girls & travel accessories. The company's brands include Safari, Genius, Genie & Magnum, which are available across India.

Sonata Software:

In the midcap basket, Sonata has emerged as a multibagger under tech companies. YTD, the stock price has risen by a whopping 136% on BSE. Last week, on Friday, the stock ended at Rs 1367.90 apiece, up by 0.7% with an m-cap of Rs 19,179.66 crore.

This tech player will turn ex-bonus on December 12th which is also the record date fixed to ascertain the eligibility of shareholders for issuance of Bonus Equity Shares in the ratio of 1:1. This means 1 new bonus share will be rewarded for 1 existing share.

Sonata is a leading Modernization Engineering company, powered by its unique Platformation framework that brings together industry expertise, platform technology excellence, design innovation, and strategic engagement models to deliver sustained value to customers.