Mukesh Ambani is getting ready for the mega IPOs of Reliance Retail and RJIO. JIO IPO will coming soon
Mukesh Ambani is planning India's largest initial public offerings (IPOs) for Jio and Reliance Retail
According to a report, Reliance Jio and Retail will most likely be listed by December of 2022
If promoters dilute at least 10% of their interests, each company is predicted to raise 50,000-75,000 crore from the stake sale.
For the two firms, RIL is considering both an Indian and a global IPO. Jio might possibly be listed on the Nasdaq stock exchange in the United States: Sources
The following announcement is expected to be made during RIL's Annual General Meeting later 2022: Sources
With a top line of roughly 1.75 lakh crore for the financial year 2023, RRVL can be valued at around 8 lakh crore.
Due to its strong 40-50 percent EBITDA margin, RJPL might be valued at about 7.5 lakh crore.