Quasar has been kind to share some of the success stories on ESOPs – these employees made about 1 crore each when WPP acquired a majority stake in Quasar. Thanks to Quasar for sharing the same.
 Deven Dharamdasani Business Director Age 29 Joined Oct-2004 |
 Gopikaa Davar Associate Director Age 26 Joined Jun-2002 |
 Manish Sinha VP – Projects Age 35 Joined Dec-2005 |
 Piyush Rathi Business Director Age 32 Joined Feb-2006 |
 Richa Burman Creative Director Age 31 Joined Mar-1999 |
 Sandeep Singh Business Director Age 26 Joined Jun-2005 |
 Vijay Singh Director Finance Age 32 Joined Apr-2000 |
Congratulations to all of the above. Hopefully, this will trigger other people to come out with their success stories!
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1+
I was analyzing OnMobile IPO the other day. Check this out:
http://www.nse-india.com/marketinfo/companyinfo/eod/Shareholding/shareholding_locked.jsp?nds_id=8384&symbol=ONMOBILE&count_string=6%7C8%7C279%7C0%7C0%7C0%7C0%7C0%7C4%7C&as_on_dt=31-MAR-2008
I may be wrong here, but the company distributed close to 40% shares as ESOPs to 265+ employees with 45+ making more than 1 crore, 25+ making between 50 lacs & 1 cr, 80+ employees making more than 10 lacs but less than 50 lacs. This is based on 8th July’s price of 520. If you use the 52 week high price of 725, obviously the number goes up significantly.
Hope this helps 🙂