5:1, 4:1, 2:1, 1:2, 1:3, 1:5, 1:1 Bonuses: 14 Stocks That Turned Ex-Bonus In February, Where Are They Now?

Since the start of the New Year, many stocks have undergone bonus shares for their investors. March witnessed similar trends. However, with the market at record highs, let's take a look at the current market price for the bonus shares in February 2024. A total of 14 companies turned ex-bonus last month.

Bonus shares are one of the many corporate actions that listed companies announce on several occasions. Bonus shares are like incentives which are free of cost given to investors. 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.

1. FIEM Industries:

FIEM Industries is the last stock in February to turn ex-bonus on February 28 for its bonus issue in the ratio of 1:1.

On March 7, FIEM stock price stood at Rs 1,135.80 apiece, with a market cap of Rs 2,989.39 crore. In a year, the stock has gained by 37%.

Fiem Industries Limited (FIEM) is one of the leading manufacturers of Automotive Lighting, Signaling equipment, Rear View Mirrors, Sheet Metal and Plastic Parts in India with the latest addition of a Canister.

2. DRC Systems India:

DRC issued two bonus shares on the existing 1 share, taking its ratio to 2:1. The stock turned ex-bonus on Feb 27, 2024.

Currently, the stock is at Rs 19.78 apiece, on BSE with a market cap of Rs 262.02 crore. In a year, the stock emerged as a multi-bagger by rising 104.55% as of now.

DRC Systems India Limited is a renowned name in the field of software development.

3. SG Mart Ltd:

SG Mart is engaged in renewable energy generation services, operating solar & wind energy projects and even generating electric power.

The company turned ex-bonus on February 22, for its bonus shares in the ratio of 1:1.

Currently, the stock price is at Rs 514.45 apiece, down by 2% on BSE with a market cap of Rs 5,738.18 crore. But in a year, SG Mart has given humungous 2,572.47% returns.

4. MAS Financial Services:

This stock also turned ex-bonus on February 22. The bonus shares ratio was in the ratio of 2:1.

On BSE, the stock price stood at Rs 293.35 apiece, down by 1.25% with a market cap of Rs 4,810.53 crore. However, in a year, the stock rose by merely 8.7%.

MAS is a specialized retail financing organization engaged in financial services since 1995, registered with the Reserve Bank of India as an NBFC.

5. Eastern Logica Infoway Ltd:

Eastern Logica made the biggest bonus shares in the ratio of 5:1, for which it turned ex-bonus on February 21.

Currently, the stock price is at Rs 205 apiece, down by 4.34% with a market cap of Rs 350.63 crore.

Eastern Logica is engaged in multi-brand retail and retail selling as well as distribution of branded smartphones, IT hardware, software and allied accessories and services.

6. Choice International:

Choice allotted bonus shares in the ratio of 5:1, for which, it turned ex-bonus on February 21.

On BSE, Choice's share price is currently at Rs 270.10 apiece, with a market cap of Rs 5,385.23 crore. In a year, the stock zoomed by 107.40% on the exchange.

Choice is one of India's leading Financial Services conglomerates catering to not only India but also the entire Globe. It has been in the industry since 1993 and as of date has expanded to be a go-to Finance company for a major chunk of Individuals as well as Institutions.

7. Akshar Spintex Ltd:

Akshar Spintex carried a bonus issue in the ratio of 1:5 -- meaning --- (One) Equity Shares of Re. 1/- each for every 5 (Five) existing Equity Share of Re. 1/- each held as on the record date which was February 15.

On BSE, Akshar Spintex stock is at Rs 3.41 apiece, at 5% upper circuit with a market cap of Rs 102.30 crore. In a year, the stock has dropped by 42.01%.

Akshar Spintex Limited takes immense pride in perceiving its role as the comprehensive architect of every single yarn that produces. It is this demand for perfection that has spurred the growth of an organization and its corporate philosophy.

8. KPI Green Energy Ltd:

KPI turned ex-bonus on February 15, for a 1:2 bonus issue ratio.

On BSE, currently, KPI Green shares stood at Rs 1,725.85 apiece, up by 1.75% with a market cap of Rs 10,403.87 crore. In a year, KPI Green shares have risen by 466.35% on BSE.

KPI Green Energy (Formerly known as K.P.I. Global Infrastructure Limited), is the Renewable vertical of KP Group and a prominent Gujarat-based Renewable power generating company. Incorporated in February 2008, focused on providing Renewable power through different Business verticals.

9. K P Energy Ltd:

KP Energy turned ex-bonus on February 12 for its bonus issue of 2:1.

On BSE, KP Energy stock is at Rs 395.35 apiece, up by 4% with a market cap of Rs 2,636.59 crore.

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.

10. Intellivate Capital Ventures:

Intellivate offered 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. The ratio is at 2:1.

On BSE, the stock price is at Rs 42.59 apiece, at its 2% lower circuit with a market cap of Rs 571.85 crore.

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.

11. Shreeji Translogistics Ltd:

Shreeji approved the allotment of 1,74,70,875 Equity Shares of Rs. 2/- each as fully paid bonus equity shares, to the members whose names appear in the Register of Members as of 8th February 2024 i.e. Record Date fixed for this purpose, in the proportion of 1:3 i.e. 1 (One) fully paid Bonus equity share of Rs. 2/- each for every 3 (Three) fully paid equity shares of Rs. 2/- each held.

On BSE, Shreeji's stock price stood at Rs 34.58 apiece, down by 0.5% with a market cap of Rs 241.66 crore.

A specialist in parcel and part-load services in the industry, Shreeji Translogistics is known for its timeliness and reliable services. The company made a foray into Custom Bonded Trucking in 2002, which was a path-breaking move and highly applauded by the Airline Industry in India.

12. Maagh Advertising and Marketing Services Ltd:

This media company approved the allotment of 4,50,02,500 Equity Shares of Rs 1/- each as Bonus Shares in the ratio of 1 (One) Equity Shares for every 4 (Four) Equity Shares held to the eligible Shareholders as on record date ie. 05th February 2024. Under the Allotment of Bonus Shares, the Paid share of the company is Rs. 22,50,12,500 divided into 22,50,12,500 Equity Shares of Rs. 1/- each.

Here, the bonus ratio is 4:1.

On BSE, Maagh's stock stood at Rs 14.59, at 5% lower circuits with a market cap of Rs 328.29 crore.

Maagh Advertising and Marketing Services is a data-driven advertising solutions company that helps businesses achieve their marketing goals.

13. Sandur Manganese & Iron Ores:

On February 7, the company received an in-principle approval for listing of 13,50,29,115 Equity shares of Rs. 10/- each issued to the shareholders of the company as bonus in the ratio of 5 additional equity shares for every 1 equity shares held bearing distinctive numbers from 2,70,05,824 to 16,20,34,938.

The bonus ratio was 5:1. On BSE, the stock price stood at Rs 398.25 apiece, up 0.25% on March 7th with a market cap of Rs 6,453.04 crore.

The Company is one of the largest Manganese Ore miners in India. At present, the Company's operations span over three business segments i.e., Mining (Manganese & Iron Ores), Ferroalloys and Coke & Energy.

14. Salasar Techno Engineering Ltd:

Salasar Techno Engineering turned ex-bonus on February 1, 2024, as the Record Date to ascertain the eligibility of shareholders for entitlement of bonus shares in the ratio of 4:1 i.e. 4 (Four) new fully paid-up bonus equity share of Rs.1/- (Rupees One only) each for every 1 (One) existing fully paid-up equity share of Rs.1/- (Rupees One only).

On BSE, Salasar Techno's share price stood at Rs 22.92 apiece, up by 1.2% with a market cap of Rs 3,617.98 crore.

Salasar Techno is an Indian Infrastructure company that provides customized steel fabrication and EPC solutions to the global market. In the year 2006, Salasar started as a tower manufacturer.

Disclaimer: The write-up highlights the bonus shares and current market price, 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.