Reliance Jio IPO may hit Indian market in 2025: Report | Stock Market News
Source: Live Mint
Reliance Industries is likely to launch the initial public offering (IPO) for its telecom arm, Jio, next year, while the IPO for its retail division may be delayed until a later date, according to media reports.
“Mukesh Ambani targets a 2025 Mumbai listing for his telecom business Jio, valued by analysts at over $100 billion, and plans to launch his retail unit’s IPO much later,” Reuters reported, quoting two people familiar with the matter.
Reliance has not officially announced any dates for the Jio IPO. Mint could not independently verify this news.
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