Introduction

Info Edge (India) Limited is a renowned Indian internet company. This blog post will provide you with comprehensive details about the company’s IPO, current share price, product offerings, financial performance, and the potential value of Rs 10 thousand invested five years ago.

Info Edge (India) Limited IPO Details

Info Edge (India) Limited launched its Initial Public Offering (IPO) on November 2006. The IPO was priced at Rs. 320 per share, marking the company’s entry into the stock market.

Current Share Price

As of October 2023, the current share price of Info Edge (India) Limited stands at approximately Rs. 4,500. This significant increase from the IPO price reflects the company’s robust growth over the years.

Product Offerings

Info Edge (India) Limited is best known for its plethora of online platforms, which include:

• Naukri.com – A leading job portal in India.
• 99acres.com – A comprehensive real estate platform.
• Jeevansathi.com – A popular matrimonial site.
• Shiksha.com – An educational website connecting students with colleges and courses.

Financial Details

Info Edge has consistently posted strong financial results. As of the financial year ending March 2023, the company’s revenue stood at Rs. 5,000 crores, with a net profit of Rs. 1,000 crores. The company has shown impressive year-over-year growth in its financials, validating its leadership in the internet services domain.

Investment Growth Over 5 Years

If you had invested Rs 10,000 in Info Edge (India) Limited five years ago, your investment would have experienced an outstanding growth rate. Here’s a rough calculation:

• Share Price in October 2018: Approx. Rs. 1,500
• Current Share Price in October 2023: Approx. Rs. 4,500
• Number of shares bought in October 2018: 10,000 ÷ 1,500 = 6.67 shares (let’s approximate to 7 shares for simplicity)
• Value of investment in October 2023: 7 x 4,500 = Rs. 31,500

Therefore, an investment of Rs. 10,000 in Info Edge (India) Limited five years ago would be worth approximately Rs. 31,500 today, reflecting a substantial gain.

Conclusion

Info Edge (India) Limited stands as a testimony to the vibrant growth potential within India’s internet services sector. From its successful IPO launch to its impressive financial metrics and substantial return on investment, the company showcases a commendable trajectory of growth and stability. Investors interested in robust, long-term gains would be wise to keep an eye on Info Edge.