RIL preparing for Jio IPO next year, retail business to go public much later

Reliance Jio IPO: Reliance Industries Ltd (RIL) aims to list its subsidiary Jio Platforms Ltd, which houses the country’s largest telecom company, in 2025, two people familiar with the development said.

Preparations for the initial public offering (IPO), potentially India’s largest, have already begun, but bankers for managing the share sale are yet to be appointed, they added, requesting anonymity.