4 Leading Multibagger Small Cap Stocks Set To Issue Bonus Shares In 2023

1. SecUR Credentials Limited Set To Issue Bonus Share

The company is all set to issue bonus shares in the ratio of 3:1. Record date is set as January 4, 2023.

The board of directors of the small cap company said in the BSE filing, "With reference to Regulation 42 of SEBI (Listing Obligations and Disclosure requirements), Regulation, 2015 we would like to inform you that the company has fixed Wednesday, January 4, 2023 as the "Record Date" for ascertaining the eligibility of shareholders entitled for the purpose of Bonus Equity Shares of the Company in the ratio of 3 (Three) new equity share for every 1 (one) existing equity shares of Rs. 10/‐ each fully paid up."

Stock Performance & Return: The stock has rallied 332% in last 1-year only. It has a market capitalisation of Rs 116 crore. The current market price of the stock is Rs 113 apiece and it has hit its new 52-week high in trade today.

2. GM Polyplast To Issue 6:1 Bonus Share

The small cap company has decided to issue bonus share in the ratio of 6:1. The record date is falling next year i.e. January 4, 2023.

The company BSE filing stated, "This is to inform that pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) 2015, that The Company has fixed Wednesday, January 04, 2022 as the 'Record Date' for issuance of fully paid-up Bonus Shares in the ratio of 6:1 (i.e. issue of 6(Six) equity share for every existing 1(One) equity shares held of Rs 10/- as on the above mentioned record date)."

Stock Performance & Return: The current market price of the stock is Rs 1005 apiece with an intraday fall of 5%. The stock hit lower circuit today. It has a market capitalisation of Rs 193 crore. The stock has rallied 139% in 3-months, and 498% in 1-year.

3. KPI Green Energy To Issue Bonus Share In 1:1 Ratio

The small cap company operating in Power sector is planning to issue bonus share in the ratio of 1:1. The record date is set for January 18, 2023.

The board of directors of the small cap company stated in the BSE filing as on December 12, 2022, "Pursuant to Regulation 42 of Listing Regulations, the Company has fixed Wednesday, January 18, 2023 as the 'Record Date' for the purpose of determining the names of Members who shall be entitled for allotment of bonus equity shares in the ratio of 1: 1 i.e. 1 (One) new fully paid-up equity share of Rs. 10/- each for every 1 (One) fully paid-up equity share of Rs. 10/each held by the existing Members of the Company."

Stock Performance & Return: The current market price of the stock is Rs 833 apiece with an intraday gain of 5.39%. The company has a market capitalisation of Rs 1506 crore. The shares of the company have rallied 160% in last 1-year.

4. RO Jewels To Either Issue Bonus Share Or Stock Split

The small cap stock, RO Jewels Ltd is all set to announce either bonus share or stock split soon.

The board of directors of the company stated in the BSE filing, "We hereby inform pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that a Meeting of the Board of Directors of the Company will be held on Thursday, 29th December, 2022 at 3:00 P.M. at the registered office of the company. 1. To consider and approve either issue of Bonus Shares or Stock Split 2. To transact any other matter with prior approval of Chairman Please take the information in your record."

Stock Performance & Return: The last trading price of the stock is Rs 54 apiece with an intraday gain of 4.92%. The company has a market capitalisation of Rs 54 crore. The stock has given return of 81% in last 1-month, 117% in last 3-months, and 305% in last 6-months.

Disclaimer

The stock provides detail about new year bonus issues. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.