Whatz the real value of ADA?

Cluless! This is the exact word I'd put when anyone ask me about his networth. There is really nothing in his business. Most of the people won't agree with me. Its how life goes. If you ask Mr.Anilji, he'd say " When Elephant march forward dog barks"!! What a man and ofcourse what a word!

Here is what DNA says in one of its article about the value of REL.

Reliance Power, a subsidiary of Reliance Energy, will float India’s largest public issue of Rs 11,700 crore, by selling Rs 10 face value shares in the range of Rs 415 to Rs 450, after the Securities and Exchange Board of India cleared the issue.The largest IPO to date in India was floated by real estate giant DLF, which had raised Rs 9,187 crore.

Reliance Power will offer 9.95% stake — or 26 crore shares — to the public.
The issue opens on January 15 and closes on 18. The promoters of Reliance Power — Reliance Energy and AAA Projects, will hold the rest equally, or about 45.025% each.

At the higher end of the price band of Rs 450, this would mean a valuation of about Rs 53,100 crore added to the Reliance Energy shares.

Considering Reliance Energy’s paid-up equity of 23.6 crore shares, the value of its holding in Reliance Power alone works out to roughly Rs 2,250 (Rs 53,100 crore divided by 23.6 crore).
Analysts Shirish Rane and Bhoomika Nair of brokerage house SSKI had, in a report on October 1, estimated the value of Reliance Energy without Reliance Power at Rs 869 per share.

Combining the two takes Reliance Energy’s valuation soaring to over Rs 3,110 per share.
The Reliance Energy share closed around Rs 2,365.50 on Wednesday, up 7.5%.
Retail investors will be asked to pay a lesser amount at bidding, and will have to pay the balance only at allotment, or as per the terms announced.

Reliance Power will be the Anil Ambani group’s primary vehicle for investments in power generation, while Reliance Energy itself is metamorphosing from a transmission & distribution to an infrastructure player.

Reliance Power has lined up projects to generate 24,200 mw through 12 projects.

If you really look into balance sheet, its really tough for you to find any cash reserves that could be helpful for Mr.Anilji to carry forward those mammoth projects which are said to be in pipeline. We need to wait and see how many IPOs he would bring inorder to collect money from Public. It seems as if he is running a political party and making collections from the public. This is what that is happening at Reliance.

There is no doubt that this controversial IPO would make him richest man. Make no mistake his loving brother Mr.Mukeshji would possibly come up with Reliance Retail and ofcourse there is Reliance Life Science, may be physical, geographical, political and whatever sciences are there it would come up in line till his last breath. If someone asks why you're doing this collections he would say " Dog barks while Elephant March"!

Take Mr.Warren Buffett, who is said to have almost similar networth to Ambanis. He is having $45billion in cash through his various investments( Infact there are float, which I'd discuss you later). In contrast Mr.Anilji would go for ECBs and IPOs than buying it through cash. Because he don't have that. All his networth are illusion, because retail investors are living in fantasy world.

I think this single article is not enough! Would continue????