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Reliance Capital Ltd (BOM:500111) |
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WIKI ANALYSIS
Reliance Capital Ltd is a part of the Reliance - Anil Dhirubhai Ambani Group (ADAG) and ranked 25 most valuable private companies in India and ranks among the top 3 private sector financial services and banking companies, in terms of net worth. The Company offers bunch of non-banking financial services under 5 business segments - Asset Management, Insurance, Broking & Distribution, Consumer Finance and other business. Reliance Mutual Fund is India's biggest Mutual Fund with Assets under management of Rs. 809 billion and In March, 2006, the Reliance mutual fund emerged as the largest private sector fund house in the country (overtaking Prudential ICICI which has been holding that position for many year) had market share of 16% (as on 31 March, 2009). Reliance Insurance business ranks among the top four private sector insurers with a distribution network of 1,145 branches and 149,613 agents. As on 31 March 2009, Reliance Money business spread over 5165 locations through over 10,000 outlets and served over 3 million customers. Reliance Consumer finance has a loan book of over Rs. 86 billion at the end of March 2009.
Reliance Capital has interests in asset management and mutual funds; life and general insurance: private equity and proprietary investments: stock broking: depository services: distribution of financial products: consumer finance; and other activities in financial services.
Reliance Mutual Fund is India's biggest Mutual Fund. Reliance Life Insurance is one of India's fastest growing life insurance company and among the top four private sector insurers. Reliance General Insurance is one of India's fastest growing general insurance company and among the top 3three private sector insurers. Reliance Money is one of the leading retail brokerage houses and distributors of financial products in India with over 3 million customers. Reliance Consumer finance has a loan book of over Rs. 8,600 crore at the end of March 2009.
Reliance Capital has a net worth of Rs. 7,491 crore (US$ 1.5 billion) and total assets of Rs. 24,260 crore (US$ 4.8 billion) as of March 31, 2009.
Reliance Capital, a constituent of S&P CNX Nifty and MSCI India, is a part of the Reliance Anil Dhirubhai Ambani Group (www.relianceada.com) and is one of India’s leading and fastest growing privates sector financial services companies.
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