Here’s how R Damani’s pipped Anil Ambani, Rahul Bajaj on the billionaire list
Advertisement
Advertisement
Damani’s net worth touched $6 billion and how. The impressive listing of
Bajaj’s net worth is $3.5 billion, while Anil Agarwal’s touched $3 billion and
Avenue Supermarts broke the ceiling as its issue price touched 111%, pegging the market-cap of the company at Rs 39,300 crore.
This was the biggest listing gains by any firm in last decade.
Advertisement
The recently concluded IPO comprised entirely of fresh issue of shares. With that, the promoter group holding was to come down to about 82 per cent, which at Tuesday's trade amounted to Rs 32,000 crore.
This is $4.8 billion at 66 per dollar level. Forbes pegged Damani's wealth at $2.3 billion as of Monday.
Advertisement
- In second consecutive week of decline, forex kitty drops $2.28 bn to $640.33 bn
- SBI Life Q4 profit rises 4% to ₹811 crore
- IMD predicts severe heatwave conditions over East, South Peninsular India for next five days
- COVID lockdown-related school disruptions will continue to worsen students’ exam results into the 2030s: study
- India legend Yuvraj Singh named ICC Men's T20 World Cup 2024 ambassador
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market