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Reliance Jio & Retail to likely get listed by December this year: Report

Shortpedia

Content Team
Image Credit: Inc42

Mukesh Ambani-led Reliance Industries is gearing up for the mega Initial Public Offering (IPO) of two its prized jewels — Reliance Retail and Jio. According to a report in The Hindu Business Line, each company is likely to raise somewhere between $6.5 Bn and $10 Bn during the market debut assuming dilution of at least 10% of the holdings by the promoters.