HomeBusiness NewsWhen will Reliance Jio IPO open, GMP today Rs 93, what will...

When will Reliance Jio IPO open, GMP today Rs 93, what will be the price band?

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Reliance Jio IPO may come in the first half of the current calendar year. Reliance Industries chief Mukesh Ambani had said in the AGM that he had talked about the listing of Reliance Jio. Many investment bankers have estimated the valuation of Reliance Jio’s platform to be between $130 billion to $170 billion. According to Reuters report, Reliance Group is considering reducing 2.50 percent stake through IPO. If this happens, it could be the biggest issue in the history of IPO.

How much is the GMP of Reliance Jio IPO?

According to the report, Reliance Jio IPO can trade at a premium of Rs 93 in the gray market. This shows what kind of discussions are taking place outside regarding the IPO.

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What could be the price band?

Abhinav Tiwari, associated with Bonanza, says on the price band of Reliance Jio’s IPO, “It is believed that the valuation of the company can be between 130 billion to 170 billion dollars. In such a situation, the company can give a discount of 15 percent to 20 percent to the retail investors. If this happens, then the price band of Reliance Jio IPO can be Rs 1048 to Rs 1457. However, a lot also depends on the valuation. Will depend.”

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Reliance Jio IPO Valuation

According to a Reuters report, investment bank Jefferies has estimated the valuation of Reliance Jio at $ 180 billion in November 2025. At this valuation, if the promoters reduce their stake by 2.5 percent, around $4.5 billion can be raised from the IPO. Which is much higher than Hyundai Motor India IPO’s $3.3 billion. “However, many other investment bankers are estimating a valuation of $130 billion to $170 billion.”

(This is not investment advice. The stock market is subject to risks. Take informed decision before making any investment. The views of the experts presented here are personal. Live Hindustan does not advise buying or selling shares on this basis.)

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