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D-Mart's Market Debut Propels Damani Into India's Richest-20

by business-standard.com posted 1year ago 318 views
Radhakishan Damani, the founder of Avenue Supermarts and a low-profile investor, has made his way into India's richest 20 club with a blockbuster listing of his company that runs D-Mart retail chain. With the listing at a premium of over 114 per cent, the shares controlled by 61-year-old Damani, including through his family members and investment firms, are now worth a stellar USD 5.1 billion.

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