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Published: September 30, 2023
Updated: September 30, 2023
Reliance Retail will be listed by next year at a valuation of $100 bn. The listing will unlock value for RIL shareholders as RIL owns a 85 per cent stake in the company. This will be the biggest listing in recent times as RlL plans to sell a 10 pc stake for $ 10 bn (Rs 83,000 crore).
By 2025, one can expect another blockbuster listing of Reliance Jio, in which RIL owns a 65 per cent stake. Jio’s valuation is pegged at $ 60 bn. Clearly, there are happy days ahead for RIL shareholders.
February 15, 2025 - First Issue
Industry Review
VOL XVI - 10
February 01-15, 2025
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