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How many shares do I have in Reliance Petroleum Limited?

Milind Vadjikar | Answer |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Feb 23, 2025

Milind Vadjikar is an independent MF distributor registered with Association of Mutual Funds in India (AMFI) and a retirement financial planning advisor registered with Pension Fund Regulatory and Development Authority (PFRDA).
He has a mechanical engineering degree from Government Engineering College, Sambhajinagar, and an MBA in international business from the Symbiosis Institute of Business Management, Pune.
With over 16 years of experience in stock investments, and over six year experience in investment guidance and support, he believes that balanced asset allocation and goal-focused disciplined investing is the key to achieving investor goals.... more

Asked by Anonymous - Feb 22, 2025Hindi

Money

i have 100 shares of reliance petroleum limited on ipo in 1995.tody how many shares

Ans: Hello;

At the time of merger(Mar-2009) the swap ratio was 16:1.

So for every 16 shares of Reliance petroleum you may expect 1 share of RIL.

Therefore 6 RIL shares as on March 2009.(fractional amount will be paid in cash by RIL)

Considering 3, 1:1 bonus share by RIL thereafter leads to around 48 RIL shares as on today.

Best wishes;

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

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