| Mumbai, Reliance Industries Limited (RIL)
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| | to its investors since the IPO.
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| has sold 18.04 crore equity
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| | The sale of shares monetizes only a very
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| shares,representing 4.01% of the equity
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| | small portion of RIL's holding in RPL.
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| share capital of Reliance Petroleum
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| | Reliance Industries Limited
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| Limited (RPL) out of its' holding of 75%.
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| | Reliance Industries Limited (RIL) is
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| The aggregate sale consideration is
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| | India's largest private sector company on
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| Rs4,023 crore.
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| | all major financial parameterswith
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| After this sale, the shareholding of RIL
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| | turnover of Rs1,18,354 crore (US$ 27.23
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| in RPL is 70.99%.
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| | billion), cash profit of Rs.17,678 crore
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| RPL made an offering in May 2006 for 20%
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| | (US$ 4.07 billion), netprofit of Rs.
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| of its' equity represented by 90 crore
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| | 11,943 crore (US$ 2.75 billion) and net
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| shares. This offering wasthe most
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| | worth of Rs. 63,967 crore (US$ 14.72
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| successful IPO until then with overall
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| | billion) as of
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| demand exceeding USD 32 billion.
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| | March 31, 2007. RIL is the first and only
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| The sale of RPL shares was conducted by
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| | private sector company from India to
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| transactions through the Stock Exchanges
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| | feature in the Fortune Global 500 list of
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| and has helped tofurther broad base the
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| | 'World's Largest Corporations' and ranks
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| shareholding pattern of RPL. The number
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| | amongst the world's Top 200 companies in
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| of shareholders of RPL has increased from
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| | terms of profits. RILis amongst the 25
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| 12 lac shareholders at the time of IPO to
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| | fastest climbers ranked by Fortune. RIL
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| 16 lac.
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| | also features in the Forbes Global list
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| RPL is among the best performing stocks
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| | of world's
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| in the NIFTY index this year. It has, at
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| | 400 best big companies and in FT Global
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| current prices, provided areturn of 250%
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| | 500 list of world's largest companies.
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