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|homepage = [http://www.reliancecapital.co.in/ www.reliancecapital.co.in]
|homepage = [http://www.reliancecapital.co.in/ www.reliancecapital.co.in]
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'''Reliance Capital Limited''' ({{BSE|500111}}, {{NSE|RELCAPITAL}}) is an Indian diversified [[financial services]] holding company promoted by Reliance Group. <ref>{{cite web|url=http://www.reliancecapital.co.in/about_bo.html |title=Reliance Capital About Us |publisher=Reliance Capital| date=3 July 2014 |accessdate=4 July 2014}}</ref><ref>{{cite web|url=http://www.indiainfoline.com/Markets/Company/Reliance-Capital-Ltd/500111 |title=Reliance Capital Profile |publisher=India Infoline |date=3 July 2014 |accessdate=4 July 2014}}</ref> It is one of the largest financial services companies in India by market capitalization. Reliance Capital also ranks among the top private sector financial services and banking groups, in terms of net worth in India. The company is a constituent of MSCI India and CNX Junior Nifty. As of July 2014, Reliance Capital’s market capitalisation was over{{INRConvert|160|b}}, ahead of [[Bajaj Holdings]], [[L&T Finance]] and [[Muthoot Finance]]. As on March 31, 2013, Reliance Capital had assets worth {{INRConvert|455.28|b}}, a 16-fold increase in 8 years and net worth of {{INRConvert|124.83|b}} Rs. 12,483 crore.<ref>{{cite web|url=http://www.moneycontrol.com/stocks/top-companies-in-india/market-capitalisation-bse/finance-investments.html|title=Moneycontrol top financial cos by market capitalisation|publisher= CNBCTV18 Moneycontrol|date=03 July 2014 |accessdate=04 July 2014}}</ref><ref>{{cite web|url=http://money.rediff.com/companies/Reliance-Capital-Ltd/14060009 |title=Reliance Capital Profile |publisher=Rediff.com|date=03 July 2014 |accessdate=04 July 2014}}</ref>
'''Reliance Capital Limited''' ({{BSE|500111}}, {{NSE|RELCAPITAL}}) is an Indian diversified [[financial services]] holding company promoted by Reliance Group. <ref>{{cite web|url=http://www.reliancecapital.co.in/about_bo.html |title=Reliance Capital About Us |publisher=Reliance Capital| date=3 July 2014 |accessdate=4 July 2014}}</ref><ref>{{cite web|url=http://www.indiainfoline.com/Markets/Company/Reliance-Capital-Ltd/500111 |title=Reliance Capital Profile |publisher=India Infoline |date=3 July 2014 |accessdate=4 July 2014}}</ref> It is one of the largest financial services companies in India by market capitalization. Reliance Capital also ranks among the top private sector financial services and banking groups, in terms of net worth in India. The company is a constituent of MSCI India and CNX Junior Nifty. As of July 2014, Reliance Capital’s market capitalisation was over{{INRConvert|160|b}}, ahead of [[Bajaj Holdings]], [[L&T Finance]] and [[Muthoot Finance]]. As on March 31, 2013, Reliance Capital had assets worth {{INRConvert|455.28|b}}, a 16-fold increase in 8 years and net worth of {{INRConvert|124.83|b}} Rs. 12,483 crore.<ref>{{cite web|url=http://www.moneycontrol.com/stocks/top-companies-in-india/market-capitalisation-bse/finance-investments.html|title=Moneycontrol top financial cos by market capitalisation|publisher= CNBCTV18 Moneycontrol|date=03 July 2014 |accessdate=04 July 2014}}</ref><ref>{{cite web|url=http://money.rediff.com/companies/Reliance-Capital-Ltd/14060009 |title=Reliance Capital Profile |publisher=Rediff.com|date=03 July 2014 |accessdate=04 July 2014}}</ref>

Revision as of 06:04, 8 July 2014

Reliance Capital
Company typePublic company
BSE: 500111
NSE: RELCAPITAL
IndustryFinancial services
Founded1986
FounderDhirubhai Ambani
HeadquartersMumbai, India
Key people
Anil Ambani
(Chairman)
ProductsAsset Management, insurance, broking and distribution, commercial finance, other Businesses
Revenue₹75.44 billion (US$900 million) (2014)
₹7.47 billion (US$90 million) (2014)
Number of employees
18,500 (2014)
ParentReliance Anil Dhirubhai Ambani Group
SubsidiariesReliance Life Insurance, Reliance General Insurance, Reliance Capital Asset Management Limited,[1] Reliance Money and Reliance Consumer Finance.
Websitewww.reliancecapital.co.in

Reliance Capital Limited (BSE: 500111, NSE: RELCAPITAL) is an Indian diversified financial services holding company promoted by Reliance Group. [2][3] It is one of the largest financial services companies in India by market capitalization. Reliance Capital also ranks among the top private sector financial services and banking groups, in terms of net worth in India. The company is a constituent of MSCI India and CNX Junior Nifty. As of July 2014, Reliance Capital’s market capitalisation was over₹160 billion (US$1.9 billion), ahead of Bajaj Holdings, L&T Finance and Muthoot Finance. As on March 31, 2013, Reliance Capital had assets worth ₹455.28 billion (US$5.5 billion), a 16-fold increase in 8 years and net worth of ₹124.83 billion (US$1.5 billion) Rs. 12,483 crore.[4][5]

Reliance Capital has interests in asset management and mutual funds; life insurance and general insurance; commercial finance; stock broking; wealth management services; distribution of financial products; private equity; asset reconstruction; proprietary investments and other activities in financial services. The company operates across India and has over 20 million customers and workforce of approx. 18,500 as of March 31, 2014.[6] Anil Ambani, promoter of Reliance Group is the Chairman of Reliance Capital, while Amitabh Jhunjhunwala is the Vice-Chairman and Sam Ghosh is the Chief Executive Officer.[7]

History

Reliance Capital Limited was incorporated in year 1986 at Ahmedabad in Gujarat as Reliance Capital & Finance Trust Limited. The name Reliance Capital came into effect from January 5, 1995. In 2002, Reliance Capital Ltd shifted its registered office to Jamnagar in Gujarat before it finally moved to Mumbai in Maharashtra, in 2006.[8] In 2006, Reliance Capital Ventures Limited merged with Reliance Capital and with this merger the shareholder base of Reliance Capital rose from 0.15 million shareholders to 1.3 million. Reliance Capital entered the Capital Market with a maiden public issue in 1990 and in subsequent years further tapped the capital market through rights issue and public issues. The equity shares were initially listed on the Ahmedabad Stock Exchange and The Stock Exchange Mumbai. Presently the shares are listed on The Stock Exchange Mumbai and the National Stock Exchange of India.[9]

Non-Banking Finance Company

Reliance Capital obtained its registration as a Non-banking Finance Company (NBFC) in December 1998. Reliance Capital has since diversified its activities in the areas of asset management; life and general insurance; commercial finance; stock broking; private equity and proprietary investments; asset reconstruction; distribution of financial products and other activities in financial services.[10]

References

  1. ^ "Reliance Mutual Fund – Reliance Capital Asset Management Limited – Mutual Funds of Reliance". Reliance Mutual Fund. 12 December 2013. Retrieved 4 July 2010.
  2. ^ "Reliance Capital About Us". Reliance Capital. 3 July 2014. Retrieved 4 July 2014.
  3. ^ "Reliance Capital Profile". India Infoline. 3 July 2014. Retrieved 4 July 2014.
  4. ^ "Moneycontrol top financial cos by market capitalisation". CNBCTV18 Moneycontrol. 03 July 2014. Retrieved 04 July 2014. {{cite web}}: Check date values in: |accessdate= and |date= (help)
  5. ^ "Reliance Capital Profile". Rediff.com. 03 July 2014. Retrieved 04 July 2014. {{cite web}}: Check date values in: |accessdate= and |date= (help)
  6. ^ "Reliance Capital Factsheet" (PDF). Reliance Capital. 02 May 2014. Retrieved 04 July 2014. {{cite web}}: Check date values in: |accessdate= and |date= (help); Cite has empty unknown parameter: |1= (help)
  7. ^ "Reliance Capital Board". Reliance Capital. 02 May 2014. Retrieved 04 July 2014. {{cite web}}: Check date values in: |accessdate= and |date= (help)
  8. ^ "Reliance Capital Board". Reliance Capital. 12 May 2011. Retrieved 04 July 2014. {{cite web}}: Check date values in: |accessdate= (help)
  9. ^ "Reliance Capital History". The Economic Times. 12 May 2011. Retrieved 04 July 2014. {{cite web}}: Check date values in: |accessdate= (help)
  10. ^ "Reliance Capital NBFC" (PDF). BSE. 12 May 2009. Retrieved 04 July 2014. {{cite web}}: Check date values in: |accessdate= (help)
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