Reliance Retail Unlisted Shares
RIL AGM 2023: Reliance pumped $10 billion into retail biz in two years
Business Standard
2 min read
Reliance Retail has invested $10 billion in the past two years in its business, Isha Ambani, director, Reliance Industries, told investors at its Annual general meeting (AGM) on 28 Aug,2023.
Chairman of Reliance Industries said in AGM
“Reliance Retail is the only Indian retailer in the global top 100, and one of the fastest-growing retailers in the world. Over the past few years, it has attracted investments from large and reputable global investment firms and sovereign wealth funds owing to its rock-solid fundamentals and compelling value proposition.” said Mukesh Ambani
Highlights of the company
Stores opened last year - 3300
Total stores - 18040 (covering 65.6 million square feet of retail space)
Store coverage- ⅔ of stores in Tier-II and Tier-III cities, and small towns.
The company catered to 90% of daily needs of Indian households
Annual turnover -Rs 2.6 trillion, with 30% growth rate & EBITDA Rs 17,928 crore & Net Profit Rs 9,181 crore in FY23.
Groceries business sold 1.8 million metric tonnes of groceries, consumer electronics sold 5 lakhs laptops & fashion & lifestyle business sold 500 mn garments in a year.
Ranked among top 10 most visited retailers in the world & company entered into FMCG industry through multiple brands.
Qatar Investment Authority had come in as an investor with $1 billion for a 1%stake, which values the company at a pre-money equity value of Rs 8.28 trillion.
Due to tremendous growth, business expansion, revenue growth, Reliance Retail becomes a hub for investors to subscribe to its shares to reap high returns.
Due to its presence in various cities, & increasing market share trend, the company is forecasted to grow in the future.
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