Radhakishan Damani biography in English.?

Biography of Radha Krishnan Damani

Education of Radha Krishnan Damani

Personal life of Radha Krishnan Damani

Career of Radha Krishnan Damani

Radha Krishnan Damani's company D Mart

The policy adopted to run Radha Krishnan Damani's company D Mart

Achievement of Radha Krishnan Damani

Radhakishan Damani biography in English

If the names of the rich are taken in India, then the name of Tata, Birla and Ambani comes first. But now the list of the rich in India is getting longer. The biggest and best investors in India right now are Rakesh Jhunjhunwala, Ramesh Damani and Radhakrishnan Damani. 61-year-old Radha Krishnan is the owner of Damani D Mart Company.

 Rakesh Jhunjhunwala has called him the guru of the stock market, because he made his mark in the stock market in a very short time. He is a stock market investor, stockbroker, trader and founder and promoter of D Mart Company. People also call him Mr. White and White. D Mart is the full name of the retail chain Avenue Super Market, and is known as the D Mart brand for short. According to the Bloomberg Billionaire Index, which lists the names of the world's rich, Damani has joined the list of richest people in India at number 20. His business has now reached the third place in India.

Radhakishan Damani education

Damani tried to get a bachelor's degree in commerce from Bombay University, but he could not continue with the examination. From the very beginning, he was interested in studying accounting. He has knowledge of Hindi and English language. Today he has shown that new ideas are more important than degrees. On the basis of which your identity can be made.इ

radhakishan damani personal life

Radhakrishnan Damani is a person of very introvert personality. He believes in speaking less and listening more. Damani has made his place at number 98 in the Forbes list of the richest 500 in the world. The share of his wife and his brother in his company is about 82.2%, whose market value is up to Rs 33123 thousand crores. Due to the sudden jump in his share prices, he has left behind even rich businessman like Anil Ambani in terms of wealth. He does not broadcast himself much in the media or any place, he believes more in his work.

Radha Krishnan Damani's Family Life

Damani has three daughters. One of them is named Manjari Chandak, who is the director of the supermarket. He also has a brother whose name is Gopikishan Damani. His wife also helps him in his business and he promotes Supermart.

Career of Radha Krishnan Damani

Radha Krishnan Damani started his career with the business of ball bearings. After the death of his father, at the behest of his brother, he engaged in the stock broking business with his brother, despite not wanting to enter the stock market. RK was earlier known as an equity investor. 

At that time he was 32 years old. He had no knowledge about stocks, he took inspiration from the works of investor Chandrakant Sampat and completely tried his luck in the stock market market. RK's bets in his initial rounds did not seem to be moving much, his strategy was very simple. He wanted to see his products grow for the first 5 to 10 years, and decided to gradually expand his product potential. Then in the next few years, his business took off in Dalal Street and like other people, he never got any ego after being successful.

In the 80s and 9Os, RK was looking for his future. Harshad Mehta has said about him, that RK is the most valuable investor in the stock market. In the stock market, it seems that there are two caps, one is the trader who is trying, and the other is Radhakrishnan Damani. There came a time when he established himself as a big investor in the stock market market, and invested his investments in the market in many ways. His investments include-

1.43% stake in GE Capital ion transport industry,

23.97% stake in VST Udyog,

3.05% stake in Samtel Limited,

1.05% stake in Schlafhorst England,

2.79% stake in Somani Ceramics,

1.07% stake in Jai Shree T,

1.48% stake in 3M India

Apart from this, he has invested in many other ways. Then he got into the business of retail market and he formed the D-Mart company.

Radha Krishnan Damani's company D Mart

D Mart has become the identity of Radhakrishnan Damani, it is the result of his understanding and hard work. This is another new chain of Avenue Supermart itself D Mart which was established in Mumbai by RK Damani. It is most known because it provides all the household products for women, men and women in one place under one roof. All household items, edible food items, clothes, utensils, cosmetics, toys and games for children's needs, stationery, shoes, bed and bath linen, everything is easily available in D Mart's store , and is available cheaply as compared to the shops, as well as with complete quality. Keeping the customers in mind, this company takes all its small and big decisions.

The parent company of The Mart is Avenue Super Mart, in which he holds a 52% stake. Along with this, his investment in Bright Star Investment Company is 16%. Damani established his company D Mart in 2002 and he set up his first store in Navi Mumbai. At present, the sudden jump in his profits has made him famous and this trend continues. It has a total of 118 stores in many places in India, whose business is spread in many states of India. The store of this company is established in total 9 states of India. In which Gujarat, Andhra Pradesh, Telangana, Madhya Pradesh, Maharashtra and Karnataka are included. Apart from this, there is also a company store in one union territory.

The policy adopted to run Radha Krishnan Damani's company D Mart

D Mart adopted the policy of attracting people to its side by giving discounts on its products and also gave discounts on the products of many brands. People like D Mart more because they get all the material of their needs from one place only. People are saved from wandering unnecessarily. D Mart is making its market entry in three forms which include Hypermarket which is spread over 30000 to 35000 Sq. ft. Apart from this in Express format it is spread from 7000 to 10000 S.ft., Super Center which is It is spread over 1 lakh square feet etc. The goal of the D Mart company is to attract the middle class family, so that sales can be increased more.

Basically there are three things which have been kept in mind in making D Mart company successful, one is customer second seller and third is employee. Radhakrishnan Damani is a person who believes in slow walking and long lasting policy. That's why he takes very good care of these three basic things which are also very important for a businessman.

Achievement of Radha Krishnan Damani

Earning 6100 crores in two days under a good strategy in his stock market is his biggest achievement. He has increased the profit of his company by 2.5 times.