Home  >>  News  >>  Reliance Jio IPO Set for 2025, Retail Offering Delayed
Reliance Jio IPO Set for 2025, Retail Offering Delayed

Reliance Jio IPO Set for 2025, Retail Offering Delayed

Reliance Industries Ltd (RIL) plans to launch the IPO of its subsidiary, Jio Platforms Ltd, by 2025. This IPO is expected to be one of India's largest, though bankers to manage the share sale have not yet been appointed. Jio Platforms, which includes Reliance Jio Infocomm, serves over 479 million customers and is the country's leading telecom provider. Analysts estimate Jio's valuation at over $100 billion, with a July report suggesting an IPO valuation of $112 billion. Unlike Jio Financial Services, Jio Platforms will not be demerged and will maintain its subsidiary structure. Currently, RIL holds a 67% stake in Jio Platforms, with investors like Meta and Google owning 18% and private equity firms holding another 15%.

Trending News