Reliance Jio IPO Launch Date: The company is not in the mood to launch an IPO right now, know when it can enter the market…

Reliance Jio IPO Launch Date: Jio, the telecom unit of Reliance Industries Limited (RIL), can launch an IPO next year i.e. by 2025. At the same time, the company can postpone the IPO of retail business for the time being.

News agency Reuters has given this information in a report quoting people familiar with the matter. According to experts, the valuation of Jio is more than $100 billion.

In recent years, Ambani, Asia's richest man, has collectively raised $25 billion from companies like KKR, General Atlantic and Abu Dhabi Investment Authority for digital, telecom and retail businesses. However, no official information has been given by the company in this regard.

Jio has more than 47 crore users

According to the data released by TRAI on October 25, 2024, as of August 31, Reliance Jio has a total of 47.17 crore customers.

At the same time, Airtel has 38.49 crore customers and Vodafone Idea has 21.40 crore customers. At the same time, government company BSNL has 9.10 crore customers. This user data belongs to wireless customers.

Reliance Jio IPO Launch Date: Reliance shares will also rise due to IPO

According to media reports, Jio's IPO will have a positive impact on RIL shares. The IPO may increase the share price of Reliance Industries by 7%-15%. Reliance shares have remained flat so far this year.

Whereas, in the last 6 months this stock has given a negative return of 8.53% and in 1 month it has given a negative return of 6.35%. Today Reliance shares closed at Rs 1,298.50 with a fall of 3.00%.