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Ace investor Radhakishan Damani joins the elite billionaire club

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Ace investor Radhakishan Damani joins the elite billionaire club

| Mar 22, 2017, 10:19:50 AM

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Ace investor Radhakishan Damani created history when his company Avenue Supermarts Ltd (ASL), which owns and operates the supermarket chain D-Mart, listed on the bourses at 113.4% premium to its issue price of Rs 299 a piece. The stellar debut on the bourses to raise Rs1,870 crore also ensured the 61-year-old a prominent place in the elite billionaire list with a staggering net worth of over $6 billion.

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