Key Points
Reliance Jio IPO: The company is targeting a 2025 listing for Jio, although the retail unit's IPO is expected to follow later due to internal operational priorities...
Reliance Jio is gearing up for a 2025 IPO on the stock exchange, with the retail arms debut likely set for a later date..
Billionaire Mukesh Ambani, whose telecom business Jio is valued at over $100 billion by analysts, plans to list his telecom and retail units separately, sources familiar with the matter told the publication, reported news agency Reuters...
Ambani, head of Reliance Industries Limited, last mentioned IPO timelines in 2019, stating that both Reliance Jio and Reliance Retail were working toward public listings within five years..
According to sources, Reliances approach to the IPO market will keep the retail unit listing separate from Jios IPO to avoid two high-profile listings within the same period...
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