Religare Enterprises Ltd (RELIGARE)

Religare Enterprises Limited (REL) is an India-based financial services group, offering an integrated suite of services from asset management to lending, investment banking, wealth management, life and health insurance. It was incorporated in 1984 and has expanded its reach and offerings in the five years from 2006 - 2011. During this time, REL’s consolidated revenues increased ten-fold to 32.5 billion while its balance sheet rose 20-times to 203.4 billion. REL is present overseas with a focus on emerging markets, including cash equity and investment banking with Religare Capital Markets. It has also acquired numerous entities such as Evolvence Advisors Private Limited, Kumar Capital Private Limited, Maharishi Housing Development Finance Corporation, and others to further its overall presence. As part of the REL network, RGAM Investment Advisors Private Limited, Religare Wealth Management, Religare Health Insurance Company, Religare Global Asset Management, and Religare Arts Initiative are branches offering their services in India and abroad. In 2021, the company introduced its charitable foundation, Religare Care Foundation, and its digital solutions business, Religare Digital Solutions Limited. With these strengthenings, the company is continuing its growth and consolidation in the financial services industry for a long-term future.

Share Price: ₹219.20 per share as on 16 May, 2024 04:01 PM
Market Capitalisation: ₹7,248.72Cr as of today
Revenue: ₹0.00Cr as on December 2023 (Q4 23)
Net Profit: ₹33.58Cr as on December 2023 (Q4 23)
Listing date: 21 Nov, 2007
Chairperson Name: Rashmi Saluja