Reliance Industries is gearing up to take its subsidiary, Jio Platforms, public in 2025. This IPO could potentially be India's largest ever! In this video, we break down the details, the expected valuation, and what this could mean for the telecom sector and investors alike. Watch!
5 Nov 2024Reliance Jio, the telecom arm of Reliance Industries Limited, is gearing up for its highly anticipated IPO next year. The company's IPO is expected to be one of the largest in Indian history, with estimates suggesting a valuation of $112 billion or ₹9 lakh crore. Jefferies prefers the spin-off route. But why?
15 Jul 2024Two of the country's richest tycoons, Mukesh Ambani and Gautam Adani, have adopted different strategies to grow their wealth
25 Mar 2023Brokerages CLSA and Kotak Institutional Equities already ascribe an enterprise value of over 1 trillion for Reliance Retail, and valuations can be far higher on listing
3 min read28 Jun 2018Reliance Industries Ltd (RIL) will list Reliance Jio once its consumer business overtakes its energy business in terms of revenue
2 min read25 Jun 2018Optimism on Reliance Jio has helped RIL shares overcome years of underperformance, but by rising too fast, too soon, it may also set it up another long patch of underperformance
3 min read14 Dec 2017Based on last quarter's numbers, Reliance Jio's current Ebitda run rate is less than $1 billion. But the street is even more bullish
2 min read13 Dec 2017In other news, Reliance Jio , which had 145 million subscribers at the end of October , is likely to go for an IPO in 1-2 years
3 min read13 Dec 2017RIL chairman Mukesh Ambani may launch Reliance Jio IPO by late 2018 or early 2019 in further challenge to Airtel and Idea-Vodafone combine
2 min read13 Dec 2017