2000% multibagger returns in 5 years: Board announces stock split from Rs 2 to Re 1
DSIJ Intelligence-1 / 13 Aug 2025/ Categories: Bonus and Spilt Shares, Multibaggers, Trending
The stock is up by 71.3 per cent from its 52-week low of Rs 192 per share and has given multibagger returns of 2,000 per cent in the 5 years.
Gokul Agro Resources Ltd announced a sub-division (split) of its equity shares, transforming 1 equity share with a face value of Rs 2 into 2 equity shares, each with a face value of Re 1. This move aims to allow retail shareholders to participate more easily in the company's future growth. As a result, the authorized share capital will increase from 40,00,00,000 shares (face value Rs 2) to 80,00,00,000 shares (face value Re 1). Similarly, the paid-up and subscribed share capital will change from 14,75,43,358 shares (face value Rs 2) to 29,50,86,716 shares (face value Re 1). The completion of this split is expected within 2 months, subject to shareholder and regulatory approvals.
In addition to the share split, the company plans to issue sweat equity shares. 10,00,000 sweat equity shares with a face value of Rs 2 each will be issued to Mr. Kanubhai Jivatram Thakkar, Chairman & Managing Director, in recognition of his value addition over approximately 11 years. Furthermore, 8,00,000 sweat equity shares with a face value of Rs 2 each will be issued to Mr. Jayesh Kanubhai Thakkar, Joint Managing Director, for his contributions over roughly 10 years. Both issuances are based on a valuation report dated August 12, 2025.
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About the Company
Gokul Agro Resources Ltd. specialises in the manufacturing and processing of edible and non-edible oils and meals, operating a manufacturing facility in Gandhidham, Gujarat, India. The company boasts a diverse portfolio of over 40 products, including popular edible oil brands like Vitalife, Mahek and Zaika, as well as Vanaspati brands such as Richfield and Puffpride. Gokul Agro Resources serves a notable clientele, including Parle Biscuits, ITC, Britannia, Sunraja Oil and Balaji Wafers, with its top five clients contributing 20-25 per cent of its total revenue.
On Wednesday, shares of Gokul Agro Resources Ltd surged 4.73 per cent to Rs 328.85 per share from its previous closing of Rs 314 per share. The stock’s 52-week high is Rs 377 per share and its 52-week low of Rs 192 per share.
Talking about the financials, Gokul Agro Resources has a market cap of over Rs 4,650 crore. The stock has a PE of 18x, an ROCE of 27 per cent and an ROCE of 34 per cent. The stock is up by 71.3 per cent from its 52-week low of Rs 192 per share and has given multibagger returns of 2,000 per cent in the 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.