Kotak Mahindra Bank Share Price

Share Price
1,804.70 (-2.11%)
52 Week High
1,987.75
52 Week Low
1,543.85
All Time High
2,253.00
Last Updated
18 July 2024

Kotak Mahindra Bank is an Indian banking and financial services company.

Back in 1980, Uday Kotak amassed a sum of ₹30 lakhs from his family and friends to establish Kotak Capital Management Finance. 

Six years later, The Mahindra’s invested a sum of ₹1 lakh. This investment gave birth to the name ‘“’Kotak Mahindra Finance’”’. 

In the next phase, Kotak Mahindra Finance’s coalition with Ford Credit International established the car financing company – ‘“’Kotak Mahindra Primus’”’. This coalition was in the ratio – 60:40. Later, they acquired Ford’s stake entirely, making it a wholly-owned subsidiary.

Kotak Mahindra Finance became India’s first non-banking finance company to be transformed into a bank. It was branded as Kotak Mahindra Bank. Uday Kotak held a majority stake of 56% while Anand Mahindra held 5%.

Kotak Mahindra Bank started its trading journey under the Bombay Stock Exchange in 1992. 

Currently, Kotak Mahindra Bank is India’s 4th largest bank. Uday Kotak has stepped down as a CEO citing his upcoming family commitments for his early departure from his post. Dipak Gupta is his interim successor. Kotak said “Succession at Kotak Mahindra Bank has been foremost on my mind, since our Chairman, myself, and Joint MD are all required to step down by year-end. I am keen to ensure a smooth transition by sequencing these departures. I initiate this process now and step down voluntarily as CEO.”

Kotak Mahindra Bank Share Price History

Year Share Price Gain / Loss
1992 ₹ 6.12
1993 ₹ 7.12 + 16.3%
1994 ₹ 13.35 + 87.5%
1995 ₹ 5.29 - 60.4%
1996 ₹ 3.15 - 40.5%
1997 ₹ 1.18 - 62.5%
1998 ₹ 0.86 - 27.1%
1999 ₹ 9.21 + 970.9%
2000 ₹ 3.71 - 59.7%
2001 ₹ 2.52 - 32.1%
2002 ₹ 8.62 + 242.1%
2003 ₹ 19.22 + 123.0%
2004 ₹ 27.43 + 42.7%
2005 ₹ 55.95 + 104.0%
2006 ₹ 99.85 + 78.5%
2007 ₹ 324.05 + 224.5%
2008 ₹ 89.33 - 72.4%
2009 ₹ 200.53 + 124.5%
2010 ₹ 226.23 + 12.8%
2011 ₹ 216.13 - 4.5%
2012 ₹ 322.80 + 49.4%
2013 ₹ 364.52 + 12.9%
2014 ₹ 631.58 + 73.3%
2015 ₹ 718.55 + 13.8%
2016 ₹ 719.05 + 0.1%
2017 ₹ 1,009.10 + 40.3%
2018 ₹ 1,252.75 + 24.1%
2019 ₹ 1,682.50 + 34.3%
2020 ₹ 1,995.40 + 18.6%
2021 ₹ 1,796.30 - 10.0%
2022 ₹ 1,826.45 + 1.7%
2023 ₹ 1,904.00 + 4.2%
2024 ₹ 1,804.70 - 5.2%

Kotak Mahindra Bank Share Price Chart

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Kotak Mahindra Bank Share Returns Calculator

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The Kotak Mahindra Bank calculator will tell you the value of your Kotak Mahindra Bank investment in 2024.

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  • During 1992, the share price of Kotak Mahindra Bank was ₹ 6.12.
  • If you had bought shares worth ₹ 2500 in 1992, you would have 4085 shares today.
  • At the end of 2024, the current value of your shares would be ₹ 7372141.

Kotak Mahindra Bank Share Returns

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