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Reliance Industries Limiteds (RIL) market capitalisation hit a new all-time high on Thursday, touching Rs 10.85 lakh crore.The RIL fully paid shares saw gains of 2.9 per cent on NSE to close at Rs 1662.9 with a market cap of Rs 10.54 lakh crores while the gains on the partly paid shares were much higher at 6.6 per cent to close at Rs 745 with a market cap of Rs 31,483 crore, making it a total of Rs 10.85 lakh crore.The RIL scrip has given handsome returns in past almost two months after the announcement of the deal with Facebook. The Facebook deal was announced on April 22 and since then the stock price has gained 22.4 per cent with mcap increasing by Rs 2.24 lakh crore.It has gained 13.4 per cent from April 30 when the FY20 results and rights Issue were announced with a market cap gain of Rs 1.56 lakh crore.The rights Issue opened on May 20 and since then the stock has gained 16 per cent, adding Rs 1.76 lakh crore in market cap. The rights issue closed on June 3 and since then the stock is up 7.9 per cent adding Rs 1.08 lakh crore in market cap.The Reliance partly paid shares have also created wealth for investors with gains of 6.64 per cent from June 15 when they were listed.It may be mentioned that RIL's Rs 53,124 crore Rights Issue was India's largest ever rights issue. It was also the world's largest rights issue by a non-financial institution in the last 10 years.It was announced on April 30, 2020 and the listing of the Rights shares took place on June 15, a period of just 45 days, defying the constraints of the Covid-induced lockdown.Under the rights Issue, Reliance issued 42.26 crore new shares at Rs 1,257 each to existing shareholders in 1:15 ratio. The investors had to pay 25 per cent or Rs 314.25 per share at the time of application and will need to pay another 25 per cent or Rs 314.25 in May 2021 and remaining 50 per cent or Rs 628.5 in November 2021, when the shares will turn into fully paid-up.In spite of its magnitude and challenging economic outlook, RIL's Rights Issue closed with 59 per cent oversubscription a commitment of over Rs 84,000 crore from investors.The Issue generated interest globally with FPIs using the opportunity to increasing their investment in the company. The number of FPIs holding RIL shares increased to 1,395 on June 11, 2020, from 1,318 on March 31, 2020. Now they together hold 24.15 per cent in RIL, up from 23.48 per cent at end March 2020.RIL completed the allotment of partly paid-up shares to the demat accounts of its shareholders on June 11.On the expanded post issue equity of 676.2 crore equity shares, the promoter group's stake now stands increased to 49.14 per cent, from 48.87 per cent at the end March 2020. This underlines the promoters' confidence and commitment to the company's future growth.( With inputs from IANS )

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