This decades-old company can prove to be a big treasure for Gautam Adani.
Very few people know about this unlisted company of the Adani group which can rescue Adani in trouble.
The name of this unknown company of Adani Group is Adani Properties. Let us know its complete details.
Adani Properties earned a profit of Rs 4763 crore in the financial year 2020-21. Its net worth is Rs 41300 crore.
Adani Properties has so many assets and investments that it can fill Adani's coffers. Adani's companies will not have a shortage of capital.
If the experts of the market are to be believed, the debt of the Adani group is still not in the risk zone.
According to experts, the financial condition of Adani Properties is so good that it is sufficient to deal with the debt.
Adani Properties is headquartered in Ahmedabad. Adani Properties has invested in major businesses of the group.
The size and market scale of this unlisted company of Adani Group is bigger than many listed companies.
The operating revenue of Adani Properties is 11144 crores. In the year 2020, it became a company worth 74499 crores.
Adani group is in trouble after the Hindenburg report. In such a situation, this company can prove to be a trouble-shooter for Adani.