This post shows the IOC bonus history, so it is for you if you are looking for them. Indian Oil Corporation (IOC) has given bonus shares to its shareholders 7 times throughout its history.
IOC Bonus History
| Year | Bonus Ratio |
|---|---|
| 1994 | 2:1 |
| 1999 | 1:1 |
| 2003 | 1:1 |
| 2009 | 1:1 |
| 2016 | 1:1 |
| 2018 | 1:1 |
| 2022 | 1:2 |
From 1994 to 2022, IOC has given bonus shares 7 times in history. After its foundation in 1959, IOC issued its first bonus shares to shareholders in 1994 with a ratio of 2:1.
The latest issue of bonus shares was in 2022 with a ratio of 1:2. So after 2000, IOC has only given bonus shares 5 times to shareholders.
Also Read: Tata Steel Bonus History
About Company
Indian Oil Corporation is owned by the Indian government, its Oil & Gas company. Founded on June 30, 1959, Its market capital is 1.38 trillion rupees.
IOC is India’s largest commercial enterprise, with a turnover of Rs 5,00,000 crore (USD 70 billion) and profits of Rs 21,346 crore (USD 3 billion) in 2020-21.
Indian Oil has a network of over 50,000 customer touch points and markets a diverse range of products, including petrol, diesel, LPG, auto LPG, aviation turbine fuel, lubricants, process fuels, biofuels, compressed natural gas, and petrochemicals.
Frequently Asked Questions
How many times has IOC issued bonus shares?
Till now, IOC has issued bonus shares 7 times, and the last bonus share was issued in 2022 with a ratio of 1:2.
When did IOC give bonus shares?
Indian Oil Corporation (IOC) has issued bonus shares 7 times since 1994 to reward its shareholders. In 1994, IOC announced a bonus issue in the ratio of 2:1. This was followed by 1:1 bonus issues in the years 1999, 2003, 2009, 2016, and 2018 where shareholders received 1 bonus share for every 1 share held. The most recent bonus issue by IOC was in 2022 when it announced a 1:2 bonus, issuing 1 bonus share for every 2 shares held by shareholders.
IOC bonus share 2022
In 2022 IOC announced a 1:2 bonus, issuing 1 bonus share for every 2 shareholder shares.
