Biography of Dhirubhai Ambani

1. BIOGRAPHY OF
DIRUBHAI AMBANI
BY
A.SAI MANIKANTA

2. “DON’T GIVE UP
COURAGE
IS MY
CONVITION”
-DHIRAJLAL
HIRACHAND
AMBANI

3. BORN ON DECEMBER 28,1932, at
Chorwad , Gujarat
 FATHER - HIRACHAND AMBANI –VILLAGE
SCHOOL TEACHER
MOTHER – JAMANABEN – HOUSE MAKER
 HE IS SECOND SON OF THE FAMILY

4. EDUCATION
 He completed his matriculation in 1949 at
Bhandur Kanji High School
After he discontinue his education due to
his family finacial position
 His father want to do the work and
helpful to the family for financial needs

5. LIFE IN ADEN
 He joined as a clerk in A.BESSE & CO AT
Aden.
 It is a second busiest trading and oil
bunkering port in the world.
 He done his first job in commodities
trading section of the firm
 Later he transferred to different sections
of the firm

6. Married at
the age of
22 in
march
1954
With
kokilaben patel

7. BACK TO INDIA
 In 1957 , large Indian community off
Hindu and Parsi Gujaratis preparing to
move to India
 At the end of 1958,the news paper
coming from India were a rather gloomy
picture that country starting new five year
plan with RS 10,000-crore with promises
to give opportunities for growth for the
country’s youth

8.  He returned to India at the end of 1958
He came with all the years expenses with
Besse & co and all his evenings ‘studying
the market ‘ he had accumulated savings
of just 29000 East African Shilings then
worth RS50,000

9. FIRST BUSINESS
Selling of
potato
fries to
piligrims
in Mount
Girnar
over the
weekends

10. TAKING OPPORTUNITIES
 In the 1950s, Yemini administration realized
that their main unit of currency, the Rial, was
disappearing fast.
 During their investigation they found that a
Gujarati young man in his twenties was
placing unlimited buy orders for Yemini Rials
.
 Yemini Rials made of pure silver and was
much demand in London Bulion Exchange.
 Young Dhirubhai bought the Rials, melted
them into pure silver and sold to bulion
traders in london

11. HIS FIRST ENTERPRISE IN INDIA
 He started trading business in
partnership with champaklal Damani ,his
second cousin.
 Reliance Commercial Corporation was set
up at the Narsinthan street in Masjid
Bunder.
 It was 350 sq.ft room with a telephone,
one table and three chairs
 Initially, they had two assistants to help
them.

12. FIRST OFFICE ROOM

13.  After trading in a range of products,
pilimarily spices and fabrics , for eight
years.
He achieved the first of the many goals.
He become the owner of asmall spinning
mill at Naroda, near Ahmedabad.
Within a year of spliting with champaklal
Damani

14.  He took Reliance into Textile
manufacturing for the first time.
 He setteled on a 10000 sq mts plot, In a
new industrial estate developed by the
gujarat state government at Naroda, on
the fringes of Ahmedabad.
It was very small,only about 20 people in
the whole factory.

15. In 1967, the first full year of productionat
naroda.
Company recorded sales RS 9 million and
yielding a net profit of RS 1.3 million.
After decade in 1977 it’s turnover of RS
680 million and profit of RS 105 million.
 In 1975 world Bank recognise best
composite textile mills in India.

16. FIRST PUBLIC OFFERING
In 1977, Reliance Industries went to
public and raised equity capital from ten
of thousands of investors many of them
located in small towns.
He started textile brand name ‘Vimal’.
He inagurated the retail outlet of as
many 100 franchises.
More than 58,000 investors from various
parts of India subscribed to Reliance IPO
in 1977

17. Reliance Industries was the first private
sector company whose Annual General
Meeting were held in stadium in 1986.
In 1980s he estimated net worth of RS 1
billion
 He called him as a corporate guru
Reliance has a tremendes growth.

18. LAST BREATH6TH JULY,2002 AT MUMBAI