Facts: Believe it or Not!!

Arrow

Infosys IPO undersubscribed

Infosys IPO that came out in June 1993 and priced its shares at Rs.95 was Undersubscribed.

Arrow

97.75% Highest Tax Slab

In 1970-71, income tax was spread over 11 slabs with the highest bracket attracting 97.75% tax.

Arrow

Warren Buffett's Net Worth at Age 42 was only  0.3% of Current Value.

Arrow

When shares were traded in physical form in the 1980s, the settlement of stock trades could take more than a month.

Very Late Settlement