Upcoming Bonus Shares

Editor

Updated: Feb 6, 2024, 7:34pm

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Upcoming Bonus Shares

Bonus shares as the name suggests are the shares given by a company to its shareholders without any charge. The number of shares always depends on the number of shares owned by the person to whom it has been shared with.The aggregate of issued shares increases, but the ratio of them with each shareholder remains constant. 

The bonus when issued is similar to a stock split where the number of shares of the company increases but the market cap remains constant. 

The underlying value of the stock remains the same, as the number of shares increases, price per share goes down. This is done to attract investors with less money, who are not able to invest in the company due to high prices. In this case the number of shares will increase and the rate per unit will decrease, making them affordable. Shares are never split in fraction but equal proportions.  

Best Upcoming Bonus Shares of 2024

Following companies have announced bonus shares this year, names, bonus ratio and record dates are given on a month to month basis. 

Companies offering bonus shares in January, 2023

Company's NameBonus in the RatioRecord Date
SecUR Credentials3:104-01-2023
GM6:104-01-2023
Rama Steel Tube4:106-01-2023
Globe Commercial Ltd.1:107-01-2023
Bombay Metrics3:109-01-2023
Music Broadcast01:1013-01-2023
KPIGREEN1:118-01-2023
Goldstar Power4:521-01-2023

Companies offering bonus shares in February, 2023

Company's NameBonus in the RatioRecord Date
Vinny Overseas13:1024-02-2023

Companies offering bonus shares in March, 2023

Company's NameBonus in the RatioRecord Date
Pulz Electronic1:101-03-2023
Jayant Infra2:101-03-2023
360 One Wam1:102-03-2023
Captain Pipes2:103-03-2023
ASCOM1:206-03-2023
Rhetan TMT11:410-03-2023
Astral Ltd1:314-03-2023
Magellanic3:122-03-2023
Growington Vent25:40:0025-03-2023

Companies offering bonus shares in April, 2023

Company's NameBonus in the RatioRecord Date
Jet Infraventure1:121-04-2023

Frequently Asked Questions (FAQs)

What is a record date?

Record date is the date from when the investors will be able to get the bonus shares offered by the company and only those who already have these shares on that particular date will be able to get those shares. This offer will not be applicable for the people investing after the record date. 

Why do companies offer bonus shares?

It is to attract investors and when the share price is high, willing people are not able to invest and as soon as we split the shares price of a unit comes down, making it desirable.

Are there any extra taxes after a person gets bonus shares?

There are no extra taxes on getting bonus shares from a company, but taxes will be charged on the income generated as an aggregate as per an investor’s tax slab. 

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