Capitalmind
Capitalmind
Actionable insights on equities, fixed-income, macros and personal finance Start 14-Days Free Trial
Actionable investing insights Get Free Trial
Premium

The Opportunity in the Reliance Rights Issue of Partly Paid Shares

Reliance-Rights.jpg

Reliance is in the thick of the news. A stake sale of 10% to Facebook, of it's Jio Platforms subsidiary at a value of, pre-money, around 375,000 cr. Then, a couple other PE funds latching on with another 18,000 cr. or so. A further push on the deal with BP is on, and they're also looking to sell the stake in the oil complex they own.

But what we'll speak today is about the Reliance Rights Issue. This sounds like a Civics Project. (Note from the other people at Capitalmind: Author has . . .

Like our content? Join Capitalmind Premium.

  • Equity, fixed income, macro and personal finance research
  • Model equity and fixed-income portfolios
  • Exclusive apps, tutorials, and member community
Subscribe Now Or start with a free-trial