Hello Investors In This Article We Know The Portfolio Of Radhakishan Damani and also i will tell about his Real Invested Value Know About Radhakishan Damani . So Lets Get Started.
Radhakishan Damani Portfolio
He Is The Second Richest Person Of India and Radhakishan Damani Is a Owner Of Dmart. He Hold 51% Share O His Company D Mart. His Portfolio is Very Valuable For Investors. Radhakishan Damani is billionior Investor Of India He Is Also A Successfull Business Man And His Company DMart Is A No.1 Mart Company Of India.
His Total Networth Is 15.4 Billion USD, Radhakishan Damani Portfolio :
Avenue Supermarts Ltd.
Vst India Ltd
India Cements Ltd.
Food & Inns Ltd.
Mangalam Organic ltd.
Spencers Retail Ltd.
BF Utilities Ltd.
Prozone intu Properties Ltd.
Astra Microwave Products Ltd.
How Did Radhakishan Damani Become Rich
Radhakishan Damani Is Not Well Educated Person He Is A Collage Dropout , He Left His B.com In First Year. And Now He Is A Billionier . So How He Become 2nd Richest Person:
His Father Is Stock Broker So He Entered In Market As A Stock Market broker And After Getting Some Knowledge He Start Investing In Share Marktet So In Starting He Earn Money By Investing In Mncs and Other Company. And in 1992 Harshad Mehata Scam He Earn Lot Of Money Through Short Selling . And After That He Started Holding Stocks for Long Term.
When He Earned Lot Of Money Then In 2002 He Started Dmart. And He Sell Product At Low Cost After Some Time He Business Is Got Successfull And He Become a Second Richest Person Of india.
Learning From Radhakishan Damani : Radhakishan Damani Hold Stocks For A Long Time And He Have Patient He Invested In TCI In 2014 And He Hold It At Current Time. So If You Are A Stock Investor So Keep Patient.
Radhakishan Damani Family Background
- Wife : Srikanata Devi.
- Childrens : Three Childrens , Manjri Chandak , Jyoti Kabra and Madhu Chandak.
- His Father Name Is Shivkishanji Damani He Is Stock Broker.
- And His Brother Name Is Gopikishan Damani He Is Also Investor.
Success Story Of RadhaKishan Damani
Radha Kishan Damani was born in a Marwari family in Bikaner, Rajasthan in 1960. His father ran a small business. Radha Kishan never realized his potential until his father died.
His father’s untimely death prompted him to start a small ball bearing business. Radha Kishan had no practical knowledge of trading and stock market.
He only researched and reviewed the stock market in his early days and learned enough valuable lessons. He was greatly influenced by Mr. Chandrakant Sampath, a value investor. He made a profit by trading and investing in multinational companies. HeDo His first invested in Share market at the age of 32.
Radha Kishan had taken up her Apna Bazar franchise in Nerul, Navi Mumbai, where she learned a lot about the retail business before the start of D-Mart. In 2002, he started buying properties for D-Mart at different locations. They bought some properties outside Thane and Navi Mumbai, where property rates were low in the belief that these properties would fall under the residential zone when it would be expanded.
In this way he benefited greatly from Radha Kishan’s foresight. Most of the D-Mart stores are owned by Radha Kishan itself, which brought down the cost of the products. In 2011, they had 25 stores from D-Mart and currently they have 170 stores across India. Avenue Supermarts is the parent company of D-Mart under which it is listed in the IPO, which got an unprecedented start on the National Stock Exchange, Radha Kishan Damani among the top 20 billionaires. D-Mart is the third largest retailer brand in India – Mart has also performed favorably on the stock exchange but the D-Mart share price declined by 11% on Monday.
Why Are D-Mart Stores So Popular And Successful ?
- Radha Kishan has always focused on the rule of profitability. He opened the second store with the first profit because he does not believe in opening only the last number of stores.
- Radha Kishan does not leave the shops on the whims of the mall, avoiding the rent of the mall. He opened stores only in residential areas or nearby areas.
- When other retailers pay To sellers after 15–30 days, it pays the seller within two days. So They a discount on things.
- The Shops are Available in dense residential areas.