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Reliance Jio IPO listing may be delayed; here's why

Summary

Reliance Jio IPO Listing: Recently, Mukesh Ambani, in a statement issued post RIL Q4 results, said that the process to list Jio Platforms shares is progressing well.

Reliance Jio IPO listing may be delayed; here's why
Reliance Jio IPO listing may be delayed; here's why

Reliance Jio IPO Listing: The listing of Jio Platforms mat get delayed further, financial research firm CreditSights has said.

According to CreditSights, Reliance Industries Limited's (RIL) plan to listing the shares of its digital arm could be pushed to the second half of fiscal year 2027. This is due to the prevailing geopolitical tensions in the Middle East.

Notably, RIL chairman Mukesh Ambani had last year, at the AGM of the company, said that Jio will list on the bourses in the first half of 2026.

Recently, Mukesh Ambani, in a statement issued post RIL Q4 results, said that the process to list Jio Platforms shares is progressing well.

"I am happy to note that we are advancing steadily towards the listing of Jio Platforms. This will mark a defining milestone in its journey," Mukesh Ambani had said in an earnings release.

Earlier, rumors said that the Jio IPO listing could take place as early as May.

According to media reports, Reliance is looking to offload 2.5-3 per cent stake from its existing 67 per cent stake in Jio for close to USD 4 billion (Rs 37,500 crore).

"We believe the Mideast conflict may delay Jio's IPO towards the second half of the year," CreditSights said.

"A Jio IPO will raise cash for debt repayment and capex, and improve Jio's competitiveness against rivals Bharti and Vodafone Idea," it added.

CreditSights is part of the Fitch Group.
 

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