RIL gets over Rs 32,000 cr in a month; check who invested how much in Reliance Retail so far

Reliance Retail has got two more global investors putting in Rs 7,350 crore for a total of 1.6 per cent equity stake. Singapore’s sovereign wealth fund GIC will invest Rs 5,512.5 crore to buy 1.22 per cent share in Reliance Retail while global investment firm TPG will invest Rs 1,837.5 crore to buy 0.41 per cent equity stake, Reliance Industries Ltd said in separate announcements on Friday-Saturday midnight. RIL, just this week so far, has announced five such equity investment deals for Reliance Retail.

GIC and TPG investment announcements follow similar investment deals with Abu Dhabi sovereign wealth fund Mubadala Investment Co, Silver Lake, KKR and General Atlantic. The GIC and TPG investments value Reliance Retail Ventures Ltd (RRVL) at a pre-money equity value of Rs 4.285 lakh crore. Oil-to-telecom conglomerate RIL, in less than a month, has sold 7.28 per cent stake in its retail business for Rs 32,197.5 crore.