KOTAK MAHINDRA BANK: BONUS, SPLIT AND DIVIDEND HISTORY

IN 1985, UDAY KOTAK MAHINDRA FINANCIAL SERVICES LIMITED AS FINANCIAL SERVICES COMPANY WITH A LOAN OF 30 LAKDS FROM FAMILY AND FRIENDS.  IN 1986 MAHINDRA AND HIS FATHER HARISH MAHINDRA INVESTED RS 1 LAKD IN THE COMPANY WHICH WAS SUBSEQUENTLY RENAMED KOTAK MAHINDRA FINANCE.

KOTAK MAHINDRA BANK LIMITED IS AN INDIAN BANKING AND FINANCIAL SERVICES COMPANY. IT’S HEADQUARTERS IN MUMBAI. IT OFFERS BANKING PRODUCTS AND FINANCIAL SERVICES FOR CORPORATE AND RETAIL CUSTOMERS IN THE AREA OF PERSONAL FINANCE, INVESTMENT BANKING, LIFE INSURANCE AND WEALTH MANAGEMENT.

ESTABLISHED IN 1985, THE KOTAK MAHINDRA GROUP IS ONE OF INDIA’S LEADING FINANCIAL SERVICES CONGLOMERATES.

THE GROUP OFFERS A WIDE RANGE OF FINANCIAL SERVICES THAT ENCOMPASS EVERY SPHERE OF LIFE. FROM COMMERCIAL BANKING, TO STOCK BROKING, MUTUAL FUNDS, LIFE INSURANCE AND INVESTMENT BANKING, THE GROUP CATERS TO THE DIVERSE FINANCIAL NEEDS OF INDIVIDUALS AND THE CORPORATE SECTOR. THE GROUP HAS A WIDE DISTRIBUTION NETWORK THROUGH BRANCHES AND FRANCHISEES ACROSS INDIA, AND INTERNATIONAL OFFICES IN LONDON, NEW YORK, CALIFORNIA, DUBAI, ABU DHABI, BAHRAIN, MAURITIUS AND SINGAPORE.

HEADQUARTERS:-

MUMBAI, MAHARASHTRA

 FOUNDER:-

UDAY KOTAK

TRADED AS:-

NSE

BSE

BSE SENSEX

NSE NIFTY FITY

PRODUCTS:-

CONSUMER BANKING

COMMERCIAL BANKING

INSURANCE

CREDIT CARDS

INVESTMENT BANKING

MORTGAGE LOAN

PRIVATE BANKING

INVESTMENT MANAGEMENT

ASSETS MANAGEMENT

MUTUAL FUNDS

EXCHANGE TRADED FUNDS

INDEX FUNDS

WEALTH MANAGEMENT

STOCK BROKING

RISK MANAGEMENT

IPO (INITIAL PUBLIC OFFER):-

IN 1992, KOTAK MAHINDRA FINANCE LTD, THE HOLDING ENTITY, WENT PUBLIC. 

ON THE DAY OF LISTING, THE SHARE WAS LISTED AT RS 1,300 TO 1,400 AGAINST THE ISSUE PRICE OF RS 45 PER SHARE. 

IN 1985, KOTAK MAHINDRA BANK ISSUED 6.5 CRORE SHARES AT A PRICE OF RS 1,145 PER SHARE. 

KOTAK MAHINDRA CAPITAL COMPANY LIMITED IS A SEBI REGISTERED CATEGORY I MERCHANT BANKER THAT OFFERS LEAD MANAGER SERVICES TO IPOS IN INDIA. LEAD MANAGERS ARE INVOLVED IN EVERY STEP OF AN IPO. 

MARKET CAP:-

RS 109063/-

CURRENT PRICE:-

RS 1739/-

HIGH / LOW:-

Rs 2106 / 1280

STOCK P / E:-

77.4

BOOK VALUE:-

 RS 124/-

DIVIDEND YIELD:-

0.52%

FACE VALUE:-

RS 1.00/-

ROCE:-

24.4%

ROE:-

18.0%

PROS:-

COMPANY IS ALMOST DEBT FREE.

COMPANY HAS BEEN MAINTAINING A HEALTHY DIVIDEND PAY-OUT OF 42.5%.

CONS:-

STOCK IS TRADING AT 14.0 TIMES ITS BOOK VALUE.

SPLIT HISTORY:-

ANNOUNCEMENT DATEEX-SPLIT DATEOLD FVNEW FVREMARKS
30 JUN 1426 AUG 1451FOR EVERY SHARE HELD, THE HOLDER WILL RECEIVE 5 SHARES POST THE SPLIT ADJUSTMENT.
22 OCT 0330 DEC 03105FOR EVERY SHARE HELD, THE HOLDER WILL RECEIVE 2 SHARES POST THE SPLIT ADJUSTMENT.

BONUS HISTORY:-

ANNOUNCEMENT DATEEX-BONUS DATEBONUS RATIOREMARKS
27 AUG 1008 OCT 101:1FOR EVERY 1 SHARE HELD; HOLDER WILL RECEIVE 1 BONUS SHARES.
18 MAY 0620 JUL 061:1FOR EVERY 1 SHARE HELD; HOLDER WILL RECEIVE 1 BONUS SHARES.
12 MAY 0504 AUG 051:1FOR EVERY 1 SHARE HELD; HOLDER WILL RECEIVE 1 BONUS SHARES.

DIVIDEND HISTORY:-

ANNOUNCEMENT DATEEX-DIVIDEND DATEDIVIDEND TYPEDIVIDEND (RS)
30 APR 2431 MAY 24FINAL6.00
16 JAN 2401 FEB 24INTERIM3.00
03 MAY 2302 JUN 23FINAL4.50
06 JAN 2325 JAN 23INTERIM3.00
04 MAY 2214 JUN 22FINAL4.50
11 OCT 2127 OCT 21INTERIM3.00
20 MAY 2117 JUN 21FINAL3.50
11 JAN 2128 JAN 21INTERIM3.00
27 FEB 2016 MAR 20INTERIM4.00
29 MAY 1918 JUL 19FINAL4.50
11 MAY 1804 JUL 18FINAL4.00
17 MAY 1721 JUN 17FINAL3.50
11 MAY 1629 JUN 16FINAL3.00
01 FEB 1610 FEB 16SPECIAL3.00
11 MAY 1529 JUN 15FINAL3.00
28 MAY 1426 JUN 14FINAL10.00
07 MAR 1419 MAR 14INTERIM5.00
28 MAY 1320 JUN 13FINAL7.50
30 MAY 1204 JUL 12FINAL6.50
27 MAY 1122 JUL 11FINAL2.50
11 OCT 2127 OCT 21INTERIM3.00
20 MAY 2117 JUN 21FINAL3.50
11 JAN 2128 JAN 21INTERIM3.00
27 FEB 2016 MAR 20INTERIM4.00
29 MAY 1918 JUL 19FINAL4.50
11 OCT 2127 OCT 21INTERIM3.00
20 MAY 2117 JUN 21FINAL3.50
11 JAN 2128 JAN 21INTERIM3.00
27 FEB 2016 MAR 20INTERIM4.00
29 MAY 1918 JUL 19FINAL4.50
11 MAY 1804 JUL 18FINAL4.00
17 MAY 1721 JUN 17FINAL3.50
11 MAY 1629 JUN 16FINAL3.00
01 FEB 1610 FEB 16SPECIAL3.00
11 MAY 1529 JUN, 2015FINAL3.00
28 MAY 1426 JUN 14FINAL10.00
07 MAR 1419 MAR 14INTERIM5.00
28 MAY 1320 JUN 13FINAL7.50
30 MAY 1204 JUL 12FINAL6.50
27 MAY 1122 JUL 11FINAL2.50
27 AUG 1006 SEP 10FINAL2.50
28 JAN 1009 FEB 10INTERIM1.25
29 JUN 0912 AUG 09FINAL2.50
22 MAY 0826 JUN 08FINAL2.50
15 MAY 0720 JUN 07FINAL2.50
18 MAY 0605 JUN 06FINAL2.50
11 MAY 0524 JUN 05FINAL2.50
06 MAY 0409 JUL 04FINAL1.25
03 OCT 0330 OCT 03INTERIM1.50
02 MAY 0316 JUL 03FINAL2.50
25 MAY 0209 AUG 02FINAL0.00
24 MAY 0123 JUL 01FINAL0.00
13 JUL 0011 AUG 00FINAL0.00
17 MAY 99FINAL0.00
13 JUN 98FINAL0.00
28 JUL 97FINAL0.00

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