2:1 Bonus Shares Each: 2 Smallcap Stocks Give 690-1,170% Returns Ahead Of Ex-Bonus On Feb 12: Do You Own Any?

Two small-cap stocks, KP Energy and Intellivate Capital Ventures are set to turn ex-bonus on February 12. Both companies have declared bonus issues in the ratio of 2:1 each. The companies are from diverse sectors like energy and IT, while emerged as multi-bagger giving humongous returns to their investors. These stocks have journeyed from penny titles to now trading as small-caps. While KP Energy touched upper circuit levels ahead of ex-bonus, Intelllivate hit a new 52-week high.

Currently, both stocks are higher by a breathtaking 690-1,170% from their 1-year lows.

KP Energy Bonus Issue:

Just ahead of ex-bonus, KP Energy stock locked at its 5% upper circuits of Rs 1,130.20 apiece on BSE with a market cap of Rs 2,512.43 crore. The stock is currently higher by 690.07% from its 52-week low of Rs 143.05 apiece. The stock's 52-week high is at Rs 1,200 apiece, and KP Green is a couple of rupees away from achieving it.

The Company has fixed Monday, February 12, 2024, as the 'Record Date' for determining the eligibility of Shareholders entitled to issuance of Bonus Equity Shares of the Company in the proportion of 2 (Two) Equity Shares of Rs. 5/- (Five) each for every 1 (One) existing Equity Share of Rs. 5/- (Five) each, subject to the approval of Shareholders which is being obtained through Postal Ballot.

Hence, the bonus shares ratio is 2:1. The ex-bonus date is also on the record date. To be eligible for the bonus shares, investors must hold shares of KP Energy by the end of February 12.

After the ex-bonus date, the company is scheduled on February 13, 2024, to consider and approve the Standalone and Consolidated unaudited financial results of the Company for the quarter and nine months ended December 31, 2023.

KP Energy Ltd. is a trusted corporate group renowned for its strong management, efficient cost structure, and robust order book with ready project sites. Specializing in high-quality Wind Turbine Generators (WTGs) powered by sophisticated technology, the company excels in providing turnkey solutions for wind farm projects across India. With a proven track record and dedication to innovation, KP Energy Ltd. stands at the forefront of the renewable energy industry, driving sustainable solutions for a greener tomorrow.

Intellivate Capital Ventures Bonus Issue:

Another small-cap stock, Intellivate Capital's share price closed at Rs 162.75 apiece broadly flat on BSE on February 9 with a market cap of Rs 700.28 crore. The stock touched a new 52-week high of Rs 168.90 apiece during the trading session of this day. The stock is currently higher by an impressive 1,169.50% from its 52-week low of Rs 12.82 apiece.

Intellivate is also going to reward investors with bonus shares in the ratio of 2:1. Intellivate is offering 2 bonus shares on every 1 existing share of fully paid-up Equity Shares having a face value of Re 1 each. Earlier, the company fixed the record date as February 7th, however, was later, revised to Monday, 12th February 2024. Hence, the company will identify those shareholders who hold shares of Intellivate by the end of February 12 in their demat accounts.

Engaged in the financial services business, Intellivate Capital Ventures is an SME focused on Corporate Finance Advisory boutique. The Company focuses on investing in industries, such as renewable energy, environment, information technology/ information technology-enabled services ( IT / ITes), infrastructure and emerging sectors like education, media and healthcare.

Disclaimer: The stock just highlights the stock's bonus issues and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.