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
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- An Ambani disruption in OTT: At just ₹1 per day, you can now enjoy ad-free content on JioCinema
- Markets snap five-day rally, Sensex tumbles over 600 pts
- Southern India faces water crisis as reservoir levels plunge to just 17% capacity: CWC
- Indian heart beats inside Pakistani woman, 19-year-old from Karachi undergoes heart transplant in Chennai
- Rupee falls 7 paise to settle at 83.35 against US dollar
- Vegetable prices to remain high until June due to above-normal temperature
- 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