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Sunday, July 4, 2010

ANIL PLAYS THE GAME AGAIN...!!!!!!

Anil Ambani decided to merge RNRL with Reliance Power today....The ratio as I thought was 1 Reliance power for every 4 RNRL. The merger deal is valued at $11 billion. This merger values RNRL at Rs.7157 cr.
Reliance Power will dilute around 40.8 crore Sharea a 17.00 %. This merger will be negative for Reliance Power shareholders, while very good for RNRL, Rpower pays for a shell co with no real asset to invest into....whereas RNRL shareholders will now have a real assets to invest. Anil Ambani holds 42.39 % in Rel.Power & Rel Infra Holdes - 42.39 %. The combine market cap will be Rs.50,000 crs. 
RNRL shareholders including the promoters will get shares of RELIANCE POWER worth Rs.7157 cr, out of these,promoter would get shares worth over Rs.3600 cr. Here are some details of this both company -

RELIANCE POWER

Equity Sh (nos. in Cr) - 239.68 ;  Equity Cap (Rs. In Cr) -2396.80 ; Market Cap (Rs. In Cr) -41979.95 ; Net Sales - FY10  - 0.00 ; Net Profit - FY10  -683.89 ; Other Income - FY10  -843.38 ; Earning Per Share - 2.85 ; P/E Ratio  - 61.46 ; Face Value -10.00 ; TOTAL ASSET -  FY09  - 15111.64 ; Market Price -175.15 ;26- week H/L avg price - 152.58 ; 2 - week H/L avg price - 170.46 ; Promoter Share holding % - 84.78 ; Public Share holding % -15.22 ; No. share holders - 3595703 ; EV - 175.15/sh ; Book Value - 57.55/sh ; EV/EBITDA - 162.44 ; Long term Debt - 0.00

RNRL

Equity Sh (nos. in Cr) -163.31; Equity Cap (Rs. In Cr) - 816.56 ;Market Cap (Rs. In Cr) -10394.94 ; Net Sales - FY10 (Rs.In Cr) -298.39 ; Net Profit - FY10 (Rs.In.Cr) -90.75 ; Other Income - FY10 (Rs.In.Cr) -167.63 ; Earning Per Share (In Rs) -0.56 ; P/E Ratio (In Times) -113.66 ; Face Value - 5.00 ; TOTAL ASSET - FY09 (Rs.In Cr) -3323.44 ; Market Price -63.65; 26- week H/L avg price - 62.60 ; 2 - week H/L avg price - 64.61 ; Promoter Share holding % - 54.84 ; Public Share holding % - 45.16 ; No. share holders - 2534917 ; EV - 72.97/sh ; Book Value - 11.02/sh ; EV/EBITDA - 71.45 ; Long term Debt- Rs.1522.05 cr - Rs.9.32/sh



1 comments :

  1. HI BHAVIKK
    I am new to markets and do feel that people who bought RNRL at 75-85 levels feels cheated, and those who bought Rpower at IPO at 440 will feel same too.....these people make tonnes of rupees and people like us keep on buying them on just stories of their past....
    Anyways ur blog is good and easy to understand, I read ur post on Gold and Yuan its really informative..KEEP IT UP !!!!!!

    ReplyDelete

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