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How many shares will I have in JSW Steel Ltd with 8 shares of Jindal Vijaynagar Steel Ltd from 2005?

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Samraat Jadhav  |2269 Answers  |Ask -

Stock Market Expert - Answered on Mar 24, 2025

Samraat Jadhav is the founder of Prosperity Wealth Adviser.
He is a SEBI-registered investment and research analyst and has over 18 years of experience in managing high-end portfolios.
A management graduate from XLRI-Jamshedpur, Jadhav specialises in portfolio management, investment banking, financial planning, derivatives, equities and capital markets.... more
Asked by Anonymous - Mar 21, 2025Hindi
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I have 8 shares as on 2005 year of jindal vijaynagar steel ltd now it will be how many shares of jsw Steel ltd

Ans: When Jindal Vijaynagar Steel Ltd merged with Jindal South West (JSW) to form JSW Steel Ltd, the conversion ratio was 1:16. This means for every share of Jindal Vijaynagar Steel Ltd, you received 16 shares of JSW Steel Ltd.
So, if you had 8 shares of Jindal Vijaynagar Steel Ltd in 2005, you would now have 128 shares of JSW Steel Ltd.
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