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HomeMONEY₹36 Share Ready To Double? After Split And Bonus, 260 Shares Became...

₹36 Share Ready To Double? After Split And Bonus, 260 Shares Became 5200 Shares

Vertoz Advertising Ltd (NSE: VERTOZ): A microcap stock, Vertoz Advertising Ltd, gained 5 percent and hit an upper circuit on Friday.

The stock was ex-dated for the bonus and split on July 5, Friday. The stock closed at Rs 686.50 on Thursday but split in a 1:10 ratio on Friday, bringing its price down to Rs 36. 

It gained 5 percent in Friday’s trading session and closed at Rs 36.05 after hitting an upper circuit. After adjustment, the stock opened at Rs 36.05 per share, up 5 percent.

Vertoz Advertising Ltdis a company that operates in the digital ad sector had a market cap of the sum of  153.63 crore rupees at the time of writing on the 5th of July.

Stock In Rahul Gandhi’s Portfolio: 260 Shares Became 5200 Shares

This stock is also included in Rahul Gandhi’s portfolio. Rahul Gandhi is the leader of opposition parties of the opposition in Lok Sabha.

It is interesting to note that the Opposition Leader of Lok Sabha and Congress leader Rahul Gandhi hold this stock. As of 30 March 2024, 250 shares were pre-split and the pre-bonus.

After these two corporate actions and price adjustments of pre-split and pre-bonus in this stock, Rahul Gandhi now owns 5,200 shares in this stock.

After the stock split, 260 shares turned into 2600 shares and after the bonus, 2600 shares turned into 5200 shares. 

The company announced a bonus offer at a ratio of 1:1. The company announced in a public filing that it would pay the bonus shares by the 30th of July 2024.

Vertoz Advertising Ltd had announced a share split in a ratio of 10:1. This means that every share that has a worth of 10 rupees is broken into 10 equal units having a face value of 1 rupees.

“The board of directors of the company has given its approval to subdivide the total fully paid-up equity shares of the company of face value Rs 10 each into one equity share of face value Rs 1 each in the authorized and paid-up share capital of the company,” the company declared in an exchange report.

Vertoz Advertising Ltd had fixed July 5 as the official date to conduct both business actions.

The company noted in its document “We want to let you know of the fact that Vertoz Advertising Ltd (“the Company”) has set the record date to be Friday, July 5, 2024, with the following reasons”:

“Ten shares with a face value of 1 each for each equity share with that face worth of 10 rupees each and bonus shares at a ratio 1:1 (i.e. one bonus share per equity share that is currently held by the Company),” the company announced.

Vertoz Advertising Ltd is an AI-powered MadTech and CloudTech platform that offers digital marketing, advertising, and monetization (MadTech) digital identification as well as cloud-based infrastructure (CloudTech) to companies as well as digital marketers, advertising agencies as well as cloud service providers, digital publishers, and tech firms.

The Company’s platform provides multichannel advertising, monetization, the re-presentation of ads, performance advertising Ad exchanges, digital media domain names, properties, cloud hosting, and other services such as.

Vertoz Advertising Ltd Stock Performance

Current Price₹ 36.0
52-wk High₹ 45.2 
52-wk Low₹ 10.9
5 Days Return-1.90%
1 Month Return-89.28%

Key Fundamentals Parameters

Market Cap₹ 3,073 Cr.
Stock P/E195
Book Value₹ 1.88
Dividend0.00 %
ROCE13.0 %
ROE13.1 %
Face Value₹ 1.00
P/B Value19.1
OPM13.8 %
EPS₹ 0.19
Debt₹ 17.0 Cr.
Debt to Equity0.11

Vertoz Advertising Ltd Shareholding Pattern

Promoters Holding
Mar 202356.33%
June 202356.33%
Sept 202348.96%
Dec 202348.96%
Mar 202437.52%
FII Holding
Mar 20230.82%
Jun 20230.83%
Sep 20233.30%
Dec 20237.14%
Mar 202423.06%
DII Holding
Mar 20230.00%
Jun 20230.00%
Sep 20230.00%
Dec 20230.00%
Mar 20240.00%
Hot Stocks Alert Join
Public Holding
Mar 202342.84%
Jun 202342.84%
Sep 202347.74%
Dec 202343.89%
Mar 202439.43%

Vertoz Advertising Ltd Share: Last 5 Years’ Financial Condition

Last 5 Years’ Sales:

2020₹ 41 Cr
2021₹ 57 Cr
2022₹ 42 Cr
2023₹ 83 Cr
2024₹ 155 Cr

Last 5 Years’ Net Profit:

2020₹ 4 Cr
2021₹ 8 Cr
2022₹ 6 Cr
2023₹ 11 Cr
2024₹ 16 Cr

Conclusion

This article provides a detail guide about Vertoz Advertising Ltd share.

The information and forecasts provided result from the analysis of our research team, the company’s basics and history, experience and various technical analyses. 

Also, we’ve talked in depth about the shares’ prospects and growth possibilities.

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Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. 

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