Info Edge (India) Ltd shares will remain in spotlight tomorrow after the company today fixed May 7, 2025 as the record date for 1:5 stock split/sub-division of shares. The stock will split or sub-divide into 5 new shares as on the record date. Earlier on February 5, 2025, Board of Directors of the company approved 1:5 stock split. It is worth mentioning Info Edge (India) is the parent company of leading job and marriage websites such as Naukri, Jeevansathi, Shiksha, 99 acres and Naukrigulf.
Info Edge shares settled with the rally of 2.13% on Bombay Stock Exchange (BSE) on April 11, 2025 to Rs 6544.75 apiece when Sensex surged 1310.11 points to 75,157.26. The stock witnessed rally of 2.31% in last 1-week and gained 7.58% in last 1-year. The company has a market capitalisation of Rs 84,809.57 crore. Its return on equity (ROE) stood at 2.10%. Check more details given below:
Info Edge Sets Record Date For Sub-Division of Shares
According to the exchange filing of the company dated April 14, 2025, “Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that following the approval granted by the Members through Postal Ballot on Friday, April 11, 2025, as already intimated to the Stock Exchanges vide our letter dated April 11, 2025, the Board of Directors of the Company at their meeting held today i.e. on Monday, April 14, 2025, has fixed the “Record Date” as specified below, for determining entitlement of Equity Shareholders for the purpose of sub-division/ split of existing Equity Shares of the Company, such that 1 (one) equity share having face value of ₹ 10/- (Rupees ten only) each, fully paid-up, will be sub-divided into 5 (five) equity shares having face value of ₹ 2/- (Rupees two only) each, fully paid-up.”
Info Edge Shares Performance
The 52-week high of Info Edge shares price on BSE is Rs 9194.95 per share (as on 06/01/2025) and 52-week low price is Rs 5,260.00 per share (04/06/2024), respectively. Info Edge shares slipped 8.73% in last 2-weeks, plunged 16.47% in last 3-months, and fell 21.52% in last 6-months. In last 2-years, Info Edge stock surged 0ver 74% and zoomed 191.9% in last 5-years.
Shareholding
Life Insurance Corporation Of India has stake of 4.11% in Info Edge with 5,328,476 shares of the company. On the other hand, SBI Life Insurance Co. Ltd has 1.09% stake in the firm. Government of Singapore’s stake in the company stood at 1.24%.
Info Edge Financials Compared With Peers
The company reported its profit after tax (PAT) at Rs 200.19 crore for December 2024 quarter. In comparison, its peer group firm, INDIAMART declared PAT of Rs 124.90 crore, JUSTDIAL announced PAT of 131.31 crore, and MATRIMONY declared PAT of 9.84 crore.
About Info Edge
It came into existence on May 1, 1995. It became a public limited company on April 27, 2006. It has emerged as India’s premier online classifieds company in recruitment, matrimony, real estate, education and related services, according to its official website.
Disclaimer: The story highlights stock split and should not be considered as investment advice by the Moneydaily.in or the Author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.
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