As per recent data from reliable sources, global investors have acquired significant stakes in the group firms operating under the Adani Group for around INR 52,670 crore from March to October. The Adani Group's stocks rose considerably during that period. The stocks have attracted over USD 6 billion in 2023 from various strategic investors, insurance firms etc. A third of the net foreign portfolio inflows went into Indian equities during the calendar year. Most of the transactions were made through block deal windows of the various exchanges.

The Biggest Investor of the Adani Group: GQG Partners

The top-rated company GQG Partners, led by Rajiv Jain, a boutique investment firm, has been one of the largest investors in the Adani Group. He made a total investment worth USD 4 billion. His investment was mainly made because he is highly interested in the various happenings of the conglomerate. He has specifically mentioned that he has seen a lot of prospects in the businesses being done by the business group. He has also expressed his eagerness to make further investments in the conglomerate in the upcoming years. This highlights that the Adani Group has significantly impacted the minds of the investors out there. The investments have helped the Adani Group start various new projects in different corners of the world, including the Adani Chhattisgarh project.

Rajiv Jain also came to Gautam Adani's rescues during the Hindenburg report situation when there were allegations to hamper the reputation of the Adani Group. This had wiped out around USD 130 billion from the conglomerate's overall assets in market capitalisation. Rajiv Jain has recently acquired small but very significant stakes in some of the key group firms from the infrastructure group. The funds received have helped Adani Group pay back the loan. It has also infused a sense of confidence among the global investors holding the bonds issued by the various subsidiaries operating under the Adani Group. Since then, global investors have acquired subsidiary stakes through block deals and market purchases.

Other Long-Term Investors of the Adani Group:

Presently, the Adani Group has numerous long-term global investors. Abu Dhabi Investment Authority has recently purchased stakes in three of the subsidiaries of the Adani Group, which are Adani Power, Adani Energy Solutions, and Adani Ports and Special Economic Zone. Qatar Investment Authority has acquired a 2.69% stake in Adani Green Energy. The stakes were acquired at USD 470 million. The present net worth of the stakes is USD 785 million. So, this is yet another sign that investing in the stakes of the Adani Group is a good idea. It is good for the investors out there who are looking for opportunities to grow their businesses. Longer-term retirement funds have also restored the faith of the investors in the Adani Group as they plan to make more investments in the upcoming years.

Australia's superannuation funds, like AustralianSuper and CareSuper, have made significant investments in Adani Energy Solutions in March and June. Some of the other big names that have made considerable investments in the Adani Group over the last few years include the Employees Retirement System of Texas, New York State Common Retirement Fund, Saudi Arabia's General Organisation for Social Insurance, BT Pension Scheme, Washington State Investment Board, and Delaware Public Employees Retirement System. The number of investors will continue to increase with time.

How Does the Adani Group Plan to Make Use of the Investments?

There are multiple ways in which the Adani Group plans to use the various investments it has received from the investors. The Group aims to extend its boundaries and take up projects in other corners of the globe. The subsidiaries under the Adani Group also plan to work further in the renewable energy sector. It has presently brought its focus on technology and innovation. The company is using different types of technological inventions to develop projects. It will also continue its ventures in the infrastructure sector. There are plans to make further investments in the Adani Chhattisgarh project.

Conclusion:

In this way, the Adani Group continues its journey towards acquiring more funds and building an empire. It has already taken up a lot of extraordinary projects, including the Adani Chhattisgarh project. We can expect more outstanding initiatives from the conglomerate in the upcoming years.