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Home > Business > Special


Anil Ambani to pip Mukesh as richest Indian?

January 15, 2008

Anil Ambani group's Reliance Power IPO on Tuesday generated a demand of close to Rs 1 lakh crore (Rs 1 trillion) within four hours of start of the book building process, with the issue getting oversubscribed nearly 10 times.

Reliance Power is part of the Anil Dhirubhai Ambani Group, which has interests in telecommunications, finance, energy and entertainment. This is the first time that Anil Ambani has tapped the markets ever since he and elder brother Mukesh spilt up the Reliance empire after a very public spat.

Mukesh Ambani is currently India's richest man. However, some people say that with the listing of Reliance Power, Anil Ambani might well pip his brother to the post to become India's -- and perhaps the world's -- richest human being.

According to one calculation, Reliance Power IPO is likely to gain close to $27 billion for Anil Ambani, which when combined with the existing market capitalisation of his companies will work out to be close to $75 billion!

The market cap of companies held by Mukesh Ambani is at a slightly more $76 billion.

Anil Ambani may soon pip Mukesh to be the world's richest man

Reliance Power IPO to gain close to $27 billion for the younger Ambani

Reliance Power IPO Equity

260

260

260

260

260

260

IPO Price

450

450

450

450

450

450

Grey Premium

450

425

400

375

350

325

Current Grey Market Premium

900

875

850

825

800

775

Market Cap

234,000

227,500

221,000

214,500

208,000

201,500

ADA's Stake Approx

45.00%

45.00%

45.00%

45.00%

45.00%

45.00%

ADA's net worth in Reliance Power

105,300

102,375

99,450

96,525

93,600

90,675

Dollar conversion

39.3

39.3

39.3

39.3

39.3

39.3

2,681

2,607

2,532

2,458

2,383

2,309

Billion US Dollar

26.8

26.1

25.3

24.6

23.8

23.1

Existing Market Cap - Anil Ambani

 

 

 

 

 

 

 

Capital market

Anil Ambani

Eq Rs Cr

Price

 

Paid up

MCap

Anil Ambani holding

Anil Ambani Mcap

Reliance Energy [Get Quote]

236.5

2465

582,973

10

58,297.25

35.894

20,925

Reliance Natural Resources [Get Quote]

816.57

208.35

170,132

5

34,026.47

49.935

16,991

Adlabs [Get Quote]

22.6

1533.45

34,656

5

6,931.19

66.9711

4,642

Reliance Capital [Get Quote]

245.63

2741.75

673,456

10

67,345.61

52.4084

35,295

Reliance Communications [Get Quote]

1031.4

796

820,994

5

164,198.88

66.7515

109,605

Total Mcap

330,799.40

187,458

$ Price

39.275

39

Total US $ Million M Cap

8,422.65

4,773

Total US $ Billion M Cap

84.23

48

Reliance Power IPO Mcap

27

Anil Ambani's wealth

 

 

 

 

Total Mcap

 

75

Existing Market Cap - Mukesh Ambani

 

 

 

 

 

Mukesh Ambani

Eq Rs Cr

Price

 

Paid up

 MCap

Mukesh Ambani holding

Mukesh Ambani Mcap

Reliance Industries [Get Quote] limited

1453.65

3027

4,400,199

10

440,019.86

50.9779

224,313

Reliance Petroleum [Get Quote]

4500

218.25

982,125

10

98,212.50

75

73,659

Reliance Industrial Infrastructure [Get Quote]

15.1

2400.8

36,252

10

3,625.21

46.2552

1,677

Total

541,857.56

299,649.10

US $ Price

39.275

39.275

Total US $ Million M Cap

13,796.50

7,629.51

Total US $ Billion M Cap

137.97

76.30

Mukesh Ambani's wealth

 

 

 

 

Total Mcap

 

76


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