Does Jio come under Reliance stock?
Does Jio come under Reliance stock?
Jio Platforms is an Indian technology company and a subsidiary of Reliance Industries, headquartered in Mumbai, India. Since April 2020, Reliance Industries has raised ₹152,056 crore (US$20 billion) by selling 32.97\% equity stake in the company.
What are the upcoming IPO in India?
Upcoming IPOs in 2021
| IPO | Tentative Issue Size (in Rs. Crores) | Tentative Issue Date |
|---|---|---|
| Srei Equipment Finance | 1,100 | 2021 |
| Apeejay Surrendra Park Hotel | 1,000 | 2021 |
| ESAF Small Finance Bank | 998 | 2021 |
| Inspira Enterprise India Ltd. | 800 | 2021 |
Is Reliance Jio set for IPO?
MUMBAI: Reliance Industries Ltd (RIL) is exploring an initial public offering (IPO) for its Reliance Jio Infocomm unit in the latter half of 2020 at the earliest, according to people familiar with the matter.
Is Mukesh Ambani’s Jio ready for IPO outside India?
The conglomerate backed by Mukesh Ambani, Asia’s richest man, is preparing Jio Platforms Ltd. for an initial public offering outside of India, the people said. The offering could happen in the next 12 to 24 months and the company hasn’t decided on a listing venue, one of the people said.
How much is Jio worth?
In the past one month, five global players have picked up a 17.12 per cent stake in Jio Platforms for a total consideration of Rs 78,562 crore, valuing the company at Rs 4.91 trillion (or $73 billion). Highly placed sources said once the new guidelines for
When will the telco IPO happen?
Multiple meetings have taken place over the last month or so among company executives. “Since regulatory guidelines state that the telco can be listed after three years of financial reporting, the IPO cannot come before March 2020.