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1. Reliance goes public for the first time by announcing its IPO

Beschreibung:

Reliance goes public for the first time by announcing its IPO and raises Rs 2.8 crore (USD 3.28 million), thus ushering in the Equity Cult in India. • Initial share price is Rs 10 • Issue oversubscribed seven times with 58,000 investors by the year end • Receives approval for BSE listing of Reliance as Reliance Textile Industries Ltd. Image Courtesy: Reliance Industries Limited.

Stichwort:

Shri Dhirubhai Ambani, Growth of Reliance Industries, IPO, and Reliance Industries Limited

Schöpfer:

Reliance Industries Limited

Mitwirkender:

Ayyar, Tushar

Owner:

tushar1.ayyar@jioinstitute.edu.in

Datum hochgeladen:

09-08-2022

Datum geändert:

09-08-2022

Rights Statement Tesim:

In Copyright

Resource Type:

Image
2. Reliance goes public

Beschreibung:

In 1977, in order to scale up its operations, funds were needed. Unwilling to face red tape from banks, Reliance reached out to the public. Its first public issue was oversubscribed seven times, to the complete astonishment of trade analysts. Small investors now became the backbone of the company. Image Courtesy: Reliance Industries Limited.

Stichwort:

Reliance Journey, Reliance Textile Industries Limited, IPO, and Shri Dhirubhai Ambani

Schöpfer:

Reliance Industries Limited

Mitwirkender:

Ayyar, Tushar

Owner:

tushar1.ayyar@jioinstitute.edu.in

Datum hochgeladen:

03-08-2022

Datum geändert:

03-01-2023

Rights Statement Tesim:

In Copyright

Resource Type:

Image

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1. Reliance goes public for the first time by announcing its IPO

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1. Reliance goes public for the first time by announcing its IPO

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