back to top
HomeSHARE MARKET₹2700 Ambani Family Share Now ₹11; Trading Stopped; New Takeover News

₹2700 Ambani Family Share Now ₹11; Trading Stopped; New Takeover News

Hot Stocks Alert Join

The process of acquisition of Anil Ambani’s bankrupt company Reliance Capital Ltd (RCap) is in the final stage. Hinduja Group-owned company IndusInd International Holdings Limited (IIHL) has acquired Reliance Capital. 

Now the Insurance Regulatory and Development Authority of India (IRDAI) has sought details of over 600 shareholders of IndusInd International Holdings Ltd, which is a partner in the acquisition of bankrupt Reliance Capital Ltd.

Information Was Sought Through The Letter

Insurance regulator IRDAI has made this demand through a letter. IRDAI’s letter states that it is indicated that IndusInd International Holdings Limited has 600 shareholders and none of them holds more than 10% shares. 

IRDAI sought details of these shareholders, including important information like their name, address, or citizenship.

It will also have to be mentioned how much stake or how many shares the shareholders have in IndusInd International Holdings Limited.

The Company Arranging The Funds

The Hinduja Group company is also arranging funds to complete the acquisition of Reliance Capital within the deadline.

Recently there was news that IndusInd International Holdings Limited had approached Japanese banks to raise Rs 8000 crore. The company is likely to receive the funds at a lower interest rate.

Reliance Capital Will Be Out Of The Stock Market

Last February, the National Company Law Tribunal (NCLT) gave a green signal to the Rs 9,650 crore resolution plan of IndusInd International Holdings to take control of Reliance Capital.

After this, the company informed about the plan of de-listing Reliance Capital from the stock exchange. 

Equity shareholders will not get any payment after the de-listing of Anil Ambani’s Reliance Capital. At the same time, trading of shares is also closed.

Let us tell you that the share price of restricted Reliance Capital is Rs 11.79. In 2008 this share price was more than Rs 2700. Currently, this stock has fallen by 99%.

About Reliance Capital Ltd Company 

Reliance Capital Limited is an Indian-based financial services firm that is non-banking. It was founded in the year 1986. 

The segments of the company are General Insurance, Finance and Investments, Commercial Finance, Life Insurance, and Others. 

The General Insurance segment is involved in health and general insurance services. 

The Finance and Investments segment is involved in investment and corporate lending activities. 

The Commercial Finance segment is involved in the commercial finance industry. 

The Life Insurance segment is involved in the insurance services for life. The other segment provides other allied financial services and financial products. 

The Company offers services that include distribution and broking, affordable housing, mortgages, life insurance, medical and general insurance, loans against real estate as well as loans for vehicles. small and medium-sized businesses (SME) credit, as well as reconstruction of assets.

Fundamental Analysis of Reliance Capital Ltd

Market Cap₹ 312 Cr.
Current Price₹ 12.4
52-wk High₹ 16.0
52-wk Low7.65
Stock P/E
Book Value₹ -455
Dividend0.00 %
ROCE-18.5 %
ROE
Face Value₹ 10.0
P/B Value
OPM-4.80 %
EPS₹ -52.7
Debt₹ 17,604 Cr.
Debt to Equity

Reliance Capital Ltd Shareholding Pattern

Promoters Holding
Dec 20220.89%
Mar 20230.89%
June 20230.89%
Sept 20230.89%
Dec 20230.89%
Hot Stocks Alert Join
FII Holding
Dec 20220.40%
Mar 20230.14%
June 20230.00%
Sept 20230.00%
Dec 20230.00%
DII Holding
Dec 20223.07%
Mar 20233.07%
June 20233.05%
Sept 20233.05%
Dec 20232.99%
Govt. Holding
Dec 20220.02%
Mar 20230.02%
June 20230.02%
Sept 20230.02%
Dec 20230.02%
Hot Stocks Alert Join
Public Holding
Dec 202294.98%
Mar 202395.25%
June 202395.41%
Sept 202395.41%
Dec 202395.47%
Others Holding
Dec 20220.64%
Mar 20230.64%
June 20230.63%
Sept 20230.63%
Dec 20230.63%

Reliance Capital Ltd Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 20,453 Cr
2020₹ 18,327 Cr
2021₹ 19,251 Cr
2022₹ 19,272 Cr
2023₹ 22,874 Cr
Hot Stocks Alert Join

Last 5 Years’ Net Profit:

2019₹ -1,454 Cr
2020₹ -1,199 Cr
2021₹ -9,287 Cr
2022₹ -8,055 Cr
2023₹ -1,223 Cr

Last 5 Years’ Debt-To-Equity Ratio:

2019-48.64
2020-11.73
2021-2.33
2022-1.33
2023-1.46

Last 10 Years’ Profit Growth:

10 Years:
5 Years:10%
3 Years:-29%
Current Year:70%

Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years:
3 Years:
Last Year:

Sales Growth Over 10 Years:

10 Years:10%
5 Years:0%
3 Years:1%
Current Year:18%

Conclusion

This article is a complete guide about Reliance Capital Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

If you are new to our website and want to get all the latest updates related to the stock market, join us on Telegram Group.

If you have any further queries, please comment below. We will be happy to answer all your questions. 

If you like this information, share the article with as many people as possible.

BEST FOR YOU

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here