Religare Enterprises shines on getting nod for IFC's $75 million investment

Religare Enterprises Ltd. | Finance - Investment | BFSI | BSE: 532915 | NSE: RELIGARE

03 Oct 2012 Evaluate

Religare Enterprises is currently trading at Rs. 321.50, up by 3.10 points or 0.97% from its previous closing of Rs. 318.40 on the BSE.

The scrip opened at Rs. 323.80 and has touched a high and low of Rs. 323.80 and Rs. 321.45 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 450.00 on 13-Oct-2011 and a 52 week low of Rs. 306.15 on 11-Sep-2012.

Last one week high and low of the scrip stood at Rs. 345.00 and Rs. 314.00 respectively. The current market cap of the company is Rs. 4,802 crore.

The promoters holding in the company stood at 71.77% while Institutions and Non-Institutions held 2.63% and 25.60% respectively.

Religare Enterprises, the holding company of financial services conglomerate Religare Group, has received an approval for $75 million amounting about Rs 400 crore investments by the International Finance Corporation (IFC) through preferential allotment.

The board at its meeting held on September 29, 2012 has approval for the same and the transaction is subject to customary documentation and approvals.

IFC is part of the World Bank group and acts mostly as the private sector lending arm of the multi-lateral institution.

Religare Enterprises (REL) is the holding company for one of India’s leading diversified financial services groups. REL offers an integrated suite of financial services including asset management, life and health insurance, lending, broking, investment banking, and wealth management.

Religare Enterprises Share Price

220.85 -2.55 (-1.14%)

08-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
Bajaj Finserv	1816.35
TVS Holdings	14470.85
RattanIndia Ent	37.79
Altius Telecom Infra	169.00
Authum Inv. & Infra	495.50
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Fiduciary-first advisory model.
As SEBI-registered IAs, we are legally and ethically bound to act in the best interests of our clients. We do not sell or distribute any financial products. This ensures our guidance is 100% unbiased and conflict-free.
Deep fundamental research + robust valuation discipline.
Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
Process—not predictions.
We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
Technology + Human Intelligence.
We believe a combination of both is essential for investing success. We constantly innovate and upgrade in-house tools, financial X-rays, and portfolio analytics so that our team of analysts and advisors are equipped with the best.
Partner with Clients.
We follow a DIWM (Do-It-With-Me) approach where we partner clients in setting goals, financial planning, educating on our investing process and share decision-enabling resources transparently with our clients who retain control on execution.

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
Constructing Direct Stock Portfolios with Core, Booster, and Amplifier stocks
A Mutual Fund Portfolio that delivers consistent out-performance and meaningful diversification (low overlap)
Periodic review and rebalancing
Clear Buy-Sell-Hold, and Position-sizing frameworks

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.