As per speculation reports in most newspapers, Reliance is getting set for the telecom business IPO in 2025. Retail is rumoured to target later.
- Company has not officially confirmed this and has chosen not to respond.
- Telecom and Retail IPOs are much awaited developments from Reliance.
- In 2019, Reliance had informed to target for both IPOs within 5 years.
- No further official communication in this regard since then.
- As per speculations, telecom business is doing well and hence will be the 1st to go for IPO
- Jio is estimated to be currently valued at more than $100-120 bn
- Retail still needs to stabilise given the underlying complexity of varied segments within
Reliance’s share has not done much in the last 3 years. It’s current mcap is around $207 bn. Telecom and retail IPOs are expected to be the next major value unlock triggers.