Reliance Retail Unlisted Shares
Reliance Retail receives Rs 8,278 crore from Qatar Investment Authority, allots 6.86 crore shares
The Indian Express
2 min read
Mukesh Ambani’s global retail giant Reliance Retail receives Rs 8,278 crore for Reliance Retail Ventures, from Qatar Investment Authority, allots 6.86 crore shares for minority stake on 6th September 2023.
Mukesh Ambani’s words
“Just for context, during our fund-raise in September 2020, the valuation of our retail business stood at Rs 4.28 lakh crore. In less than three years, the valuation of retail has almost doubled, notwithstanding the intervening Covid-19 pandemic.” RRVL is the holding company of the RIL’s retail business.
Justification
The investment is made by Qatar Investment Authority (QIA’s) wholly-owned subsidiary into India’s largest retailer, Reliance Retail Ventures Ltd (RRVL), at a valuation of Rs 8.278 lakh crore (USD 100 billion).
The company allotted 6,86,35,010 equity shares to QIA for 0.99% minority stake on a fully diluted basis in RRVL
In 2020, RRVL secured approximately USD 6.4 billion from international private equity funds, in exchange for a 10.09 percent ownership stake. This investment valued the company at over Rs 4.2 lakh crore.
Ambani pointed out that the valuation of Reliance retail’s valuation has doubled with the “unmatched globally” value creation pace.
The company has also raised funds from Silver lake, KKR, Mubadala, Abu Dhabi Investment Authority, GIC, TPG, General Atlantic, and Saudi Arabia’s Public Investment Fund at a valuation of around USD 57 billion in 2020.
The company also acquired the Indian business of German retail major Metro Cash and Carry.
Reliance Retail Ventures Ltd operating with 18k plus outlets in India is flourishing very high in terms of profitability, market reach, customer base, revenue growth etc.
The company targets & acquires small businesses to increase market reach & diversifies its product & customer base.
The infusion of capital will be used to expand the reach of the company & increase profitability, leading to better returns for the shareholders of the company.
Precize Daily Pulse
The latest news in the world of Unlisted Shares, summarised by our experts.
Company
Our Office
Office No. 1219, The Summit Business Park, Andheri Kurla Road, Andheri East, Mumbai, Maharashtra - 400093
Find us on Googlesupport@precize.in
+91 7738336457
All trademarks and logos or registered trademarks and logos found on this Site or mentioned herein belong to their respective owners and are solely used for informational and educational purposes.
The material presented in this advertisement is for informational purposes only and should not be construed as investment advice or investment availability. It is not a recommendation of, or an offer to sell or solicitation of an offer to buy, any particular unlisted share, security, strategy, or investment product. Investing in the private market and securities involves risks, including the potential loss of money, and past performance does not guarantee future results. Market trends, data interpretations, graph projections are provided for informational and illustrative purposes and may not reflect actual future performance. Nothing on this website should be construed as personalized investment advice or should not be treated as legal, financial, or any other form of advice. Precize is not liable for financial or any other form of loss incurred by the user or any affiliated party based on information provided herein.
Precize is neither a stock exchange nor does it intend to get recognized as a stock exchange under the Securities Contracts Regulation Act, 1956. Precize is not authorized by the capital markets regulator to solicit investments. The securities traded on these platforms are not traded on any regulated exchange.
The website will be updated regularly.
Copyright © 2026 - Precize - All Rights Reserved