Facts:
Believe it or Not!!
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Infosys IPO undersubscribed
Infosys IPO that came out in
June 1993
and priced its shares at Rs.95 was
U
ndersubscribed
.
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97.75% Highest Tax Slab
In
1970-71
, income tax was spread over 11 slabs with the highest bracket attracting 97.75% tax.
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Warren Buffett's Net Worth at Age
42
was only
0.3%
of Current Value.
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When shares were traded in physical form in the
1980
s, the settlement of stock trades could take more than a month.
Very Late Settlement
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