Reliance jio IPO: Reliance Industries (RIL) Chairman Mukesh Ambani (Mukesh Ambani) told during the 48th AGM meeting that his company of Telecom sector Reliance Jio can launch its IPO in the first half of 2026, which has been waiting for a long time. Mukesh Ambani told his shareholders that the IPO of his telecom and digital company Reliance Jio could come in the half of next year.
Enthusiasm over IPO size
Since the announcement of Reliance Jio’s IPO, the enthusiasm has increased among investors about its size. Everyone is trying to know how much the IPO size will be? Experts believe that Reliance Jio’s IPO is going to be the largest IPO in the history of the Indian stock market, which will be bigger than the IPO of Hyundai Motor India.
The guess of being so much
According to a Business Today report, Sunny Aggarwal, Fundamental Research Head of SBI Securities, believes that the valuation of Reliance Jio can be between $ 113–120 billion (Rs 10-10.50 crore). In such a situation, if 5 percent of its part is also sold, then the size of Reliance Jio’s IPO can be up to Rs 50,000-52,500 crore. With this, it will be the largest IPO in the history of the Indian stock market so far.
Investors expect strong profits
He further said that the company has already crossed 500 million (50 crore) customers in India. In 2020, Google and Facebook’s parent company Meta invested a thick $ 20 billion in it. Currently, its valuation is $ 58 billion, but it is likely to increase almost twice in the next six years. In such a situation, the investors of the company will also get the benefit.
Arpit Jain, joint MD of Arihant Capital Markets, also says that Reliance Jio can raise about Rs 52,000 crore through IPO. Let us tell you that Hyundai Motor India has been the largest IPO in the history of the Indian stock market so far. The company raised Rs 27850 crore through this IPO. Hyundai Motor India is followed by an IPO of LIC of India (Rs 21,000 crore), Paytm’s original company One 97 Communication (Rs 18,300 crore) and Coal India (Rs 15,200 crore).
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