OK Play India Stock Split: Company Announces 10:1 Split with Increasing Outstanding Shares – Market Cap Over 440 Crores

by time news

2024-01-31 14:25:55
OK Play India’s stock is the multipacker stock mentioned at the beginning of this article. OK Play India Limited has announced that its board of directors has approved a stock split whereby each existing share of face value of Rs 10 will be split into 10 shares of face value of Rs 1 each, increasing the number of outstanding shares.Samayam Tamil

while maintaining the overall value of the company. The authorized share capital of the company is Rs. 40,00,00,000 consisting of 40 crore equity shares of Rs.1 each.

Earlier, the company successfully raised Rs 30,93,75,000 through preferential warrants. The round was led by Saint Capital Fund (an FII), along with 15 other investors. Notably, Saint Capital Fund allotted 5,00,000 shares, representing a significant investment of Rs 6.25 crore.
OK Play India Rs. It has a market capitalization of over 440 crores. OK Play India Limited is a leading manufacturer of plastic molded products in India, with two business divisions – Toys and Automotive Parts. The company’s products are exported to over 60 countries worldwide and OK Play is a major player in the Indian toy industry.

In the December 2023 quarter, FIIs increased their stake from 19.64 percent to 19.95 percent. This stock has given multipacker returns of 230 percent in 1 year and 900 percent in 3 years.

Today, shares of OK Play India Ltd. were trading at Rs 173.90, up 3.60 percent from their previous close of Rs 167.85. The stock’s 52-week high is Rs.184.80 and its 52-week low is Rs.48.

Disclaimer: This article is for informational purposes only and is not intended as investment advice

Shout a lot at work and take it to the next level!


#Foreign #investors #poured #money #Multibagger #Stock #fii #increased #stakes #multibagger #stock #firm #announced #stock #split

You may also like

Leave a Comment