Four small-cap stocks will end their bonuses in the 6th week starting January 2nd.3 of which he will convert to multibagger in his 2022

Publicly traded companies usually distribute bonus shares on existing shares to current shareholders for free. Listed companies issue bonus shares from their free reserves and surplus, as well as the addition of new capital. The face value remains the same as the issue after the bonus.

To be eligible to receive bonus stock, an investor must purchase company stock at least one or two days prior to the ex-date. This is due to the T+1 and T+2 settlement cycles.

However, the settlement type for all four small-cap stocks to watch next week is ‘T+1’.

1. GM Polyplast:

On December 30th, small caps closed on the 5% upside circuit. ¥1221.80 pcs. It was also a 52-week high.The company’s market capitalization is about ¥23.493 billion. In 2022, the stock jumped more than 627% on his BSE.

The company has announced a bonus issuance for its shareholders at a ratio of 6:1.This means that the company will issue 6 new shares of his stock for every 1 of his existing shares, with a par value of ¥10 each. The record date for determining eligible shareholders is fixed on January 4th. However, since the company’s stock is a same-day settlement type, the bonus will occur on the same day as the base date.

GM Polyplast is one of the leading manufacturers of HIPS, ABS, PET, PP, HDPE sheets and premium quality granules, which started operations in 2003. its operation.

2. SecUR Credentials:

SecUR Credentials is India’s first and only listed background verification company. The company is one of India’s largest background check firms, with nationwide coverage and operational capabilities around the world.

On the BSE, the company’s share price is ¥Friday’s 117.30 was broadly flat compared to the previous close. ¥117.70 each. On December 20, the stock hit his 52-week high. ¥Before the fix it is 137.55.The company’s market capitalization is about ¥12.042 billion. Stocks are up 73.5% on BSE from his one-year low.

SecUR has announced a bonus issuance with a 3:1 ratio. This means that he will issue three new shares at par for each existing share. ¥10 each. The base date for bonus shares is fixed on January 4th. Also, like GM Polyplast, SecUR also has a ‘T+1’ settlement, so stocks will also get a bonus on January 4th.

3. Earth commercial:

On December 30, Globe Commercials’ stock price pegged at a 52-week high. ¥52.40 for BSE. This is also the 5% cap circuit for the stock price.The company’s market capitalization is about ¥1.6 billion. In 2022, the stock is on D Street and he’s up a whopping 126%.

Globe Commercials has fixed January 7 as the reference date for determining eligible shareholders for bonus issuance on a 1:1 ratio. January 7th is a week, so the company’s stock will be a bonus on January 6th. Similar to his two stocks above, Globe Commercials also has a “T+1” settlement type.

The company is engaged in trading and agency business. Its services span sanitary ware, cotton, jute, oil, rubber, grain, seed, vegetable products and other commodities related to steel and cast iron types.

4. Llama Steel Pipe:

Rama Steel Tubes in stock ¥166.30 on December 30 is down 3.3% in BSE, but the stock is multibagger for 2022 as a whole. The stock has risen more than 133% over the last year.Its market capitalization is about ¥1.465 billion.

The company announced bonus shares at a 4:1 ratio. This means that for 1 existing share he will be issued 4 new shares. The reference date he will be fixed on January 6th. This is also the day stocks become bonuses.

Rama Steel Tubes is a pioneer and leading manufacturer in the steel tube industry. RSTL has an export rate of 20% and operates in over 16 countries worldwide. Total capacity is currently 2.64 Lac MTPA.