Exclusive: Ambani's Reliance Jio delays India IPO beyond this year, sources say https://t.co/RbHMvzRs9i https://t.co/RbHMvzRs9i
আশাহত করল জিওর আইপিও ? বিশদে পড়ুন এখানে..https://t.co/MT0PmJBrBa #RelianceIndustrie #JioIPODelays #jioipo https://t.co/bjv6oN8o4k
#LeadStoryOnET | Ambani's Reliance Jio will make you wait to get its shares as 2025 IPO not on cards https://t.co/0GK4vKH1qR
Reliance Jio Platforms, the Indian telecom and digital services company led by billionaire Mukesh Ambani, has postponed its highly anticipated initial public offering (IPO) originally planned for 2025. Sources indicate that the company aims to expand its revenue base and increase its subscriber count before pursuing a public listing, with a retail IPO now unlikely before 2027 or 2028. The announcement of the delay caused shares of Reliance Industries to fall 1.8% in Mumbai trading, reversing earlier gains and negatively impacting the broader Indian market indices, including the Nifty. The postponement has drawn attention given Reliance Jio's significant role in the Indian telecom sector and the market.