Will Jio go for IPO?
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Will Jio go for IPO?
Apart from the big events led by 4G and 5G spectrum auctions, this year will also witness a “possible” initial public offering of Reliance Jio Infocomm (RJio), while revenue for the sector continue to grow.
What happens if Jio is listed?
The book value of the Reliance Industries share will get split into two companies Reliance Industries and Reliance Jio, if Reliance Jio gets listed. The share value of Reliance Industries in the stock market will go down.
Is Jio listed in stock market?
Reliance Jio Infocomm Ltd. is not listed on BSE (View NSE)
What is the share value of Jio?
NSE 2403.90 +30.70 ( 1.29 \%)
| OPEN | 2405.70 |
|---|---|
| 52-WEEK LOW | 1830.00 |
| MARKET CAP | 1625927.60 |
| BUY Price | 2403.90 |
| BUY Quantity | 55365.00 |
Can we buy 1 GB in Jio?
To compensate our customers for the cost of these additional IUC top-ups, we will offer additional 1 GB of data for every 10-rupee spent, ABSOLUTELY FREE. You also have the option to recharge with earlier packs for next 30 days by visiting jio.com. All Jio to Jio calls continue to be FREE.
Can I buy IPO 2 times?
No. You cannot apply in an IPO through multiple applications with the same name. If an investor tries doing it, then all the applications made under the same name will be rejected.
Is Jio public limited?
Reliance JIO Digital Services Private Limited is an Indian Non-Government Company. It’s a private company and is classified as’company limited by share’. Company’s authorized capital stands at Rs 1000.0 lakhs and has 23.6\% paid-up capital which is Rs 236.0 lakhs.
Is Jio giving 2.5 GB per day?
Jio’s Rs 444 prepaid plan is one such plan that gives 56 days validity. It gives 2GB daily data with unlimited calls and 100 SMS per day with a complimentary subscription to Jio apps.
How to invest in Jio platforms?
If you want to invest in Jio Platforms, you’d have to invest in Reliance Industries stock. Reliance’s chairman and managing director Mukesh Ambani said that Reliance plans to take Jio public in the future.
When will the Reliance Jio IPO happen?
The offering could happen in the next 12 to 24 months and the company hasn’t decided on a listing venue. Mukesh Ambani was weighing an IPO of Reliance Jio three years ago after a $31 billion investment spree.
How much of Jio is owned by Facebook?
Facebook has invested $5.7 billion in Jio for a 10 percent stake. Jio is expected to leverage Facebook-owned WhatsApp’s extensive reach in the Indian market. Technology giant Google has also invested $4.5 billion in Jio for a 7.7 percent stake in the company.
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.