10:1 stock split: Multibagger Penny Stock Below Rs 60; Company Signs MoU with Bigbull Infrabuild Pvt Ltd

The stock gave multibagger returns of 260 per cent in just 1 year and a whopping 2,900 per cent in 5 years.

RDB Infrastructure and Power Limited has formalised a collaboration with Bigbull Infrabuild Private Limited through a Memorandum of Understanding. This agreement outlines the joint development of a Commercial/multi-storied Retirement Housing Project on RDB Infrastructure's 2.8375-acre land parcel situated in Sector-70A, Village Palra, Sub-Tehsil Badshahpur, Gurgaon, Haryana. While the specific size of the agreement is not disclosed, key terms include a revenue-sharing model where RDB Infrastructure will receive 31.5 per cent and Bigbull Infrabuild will receive 68.5 per cent. Additionally, RDB Infrastructure retains certain special rights, such as the ability to appoint directors, a first right to share subscription in case of future issuances, and the right to restrict alterations to the capital structure.

About the Company

RDB Infrastructure and Power Limited (formerly known as RDB Realty & Infrastructure Ltd), founded in 1981, is a prominent real estate & solar services-related company in India. With a strong presence in major cities like Kolkata, Mumbai, and Hyderabad, they specialise in both residential and commercial projects. Their portfolio includes high-rise apartments, integrated townships, office spaces, and shopping malls. The company is committed to quality and innovation, aiming to deliver exceptional living and working spaces. By focusing on customer satisfaction and sustainable development practices, RDB Realty & Infrastructure Ltd has established itself as a trusted name in the Indian real estate industry.

According to Quarterly Results, the net sales increased by 251 per cent to Rs 24.18 crore and net profit increased by 88 per cent to Rs 1.78 crore in Q3FY25 compared to Q3FY24. In its nine-month results, the net sales increased by 169 per cent to Rs 87.36 crore and the net profit increased by 23 per cent to Rs 4.38 crore in 9MFY25 compared to 9MFY24. Looking at its annual results (FY24), the company reported net sales of Rs 67 crore and a net profit of Rs 3 crore.

The company's shares ex-traded a 10:1 stock split of its equity shares. This means each existing Rs 10 face-value equity share will be divided into 10 equity shares of Re 1 each. The ex-date for the stock split was Friday, February 28, 2025. The stock’s 52-week high is Rs 62.68 per share and its 52-week low is Rs 13.67 per share. The company has a market cap of over Rs 900 crore, with promoters holding 70.42 per cent stake and the pubic owning 29.58 per cent stake. The stock gave multibagger returns of 260 per cent in just 1 year and a whopping 2,900 per cent in 5 years. Investors should keep an eye on this Small-Cap stock.

Disclaimer: The article is for informational purposes only and not investment advice.