Education: B.Tech (CS) - Tier I Institute
Years of Experience: 2.5 years
Prior Experience: SDE in a fintech company
Date of the Offer: Feb 2022
Company: IK
Title/Level: SDE2
Location: Remote (Permanent)
Current TC : 35 LPA
Base Salary: 36 LPA
Joining Bonus: 2.5 L
Stock bonus: 12,00,000 INR divided over 2 years
Variable Bonus: 10% of base = 3.6 LPA
Total comp (Salary + Bonus + Stock): (36+2.5+3.6+6) ~ 48 LPA
Benefits: Standard employee benefits

Need help in understanding, if this a good option to join ?
Please help !!!