So, how Mukesh Ambani s speech on AGM on Monday, 28th, pans out on this direction that needs to be seen but it is definitely a direction that now three years are done for the previous round of investment
QIA has valued Reliance Retail Ventures, the holding company of Reliances organised retail business, at a pre-money equity valuation of Rs 8.3 lakh crore. At an estimated net debt of Rs 33,200 crore in FY25, RRVLs enterprise value stands at Rs 8.6 lakh crore, and equity per share value stands at Rs 1,200, according to Motilal Oswal s calculations.
The share price of JFSL, as derived in the special pre-open session held on Thursday, is nothing but the difference in RIL s closing price on Wednesday and opening price on Thursday at 10 am after the special session.
Bajaj Finance now has a market cap of Rs 4.6 lakh crore. Upon listing on stock exchanges, JFSL will take over the No.2 slot ahead of Cholamandalam Investment and Finance which is presently the second-largest NBFC with an m-cap of Rs 96,000 crore.
“The next three years would be interesting from the Reliance perspective. As of today, Reliance Financial looks expensive because people are valuing the treasury shares at 100% market value which is not given to other companies and the balance business is being put at almost four to five times net worth.”