Tue Nov 05 01:06:18 UTC 2024: ## Reliance Jio IPO on Track for 2025, Retail IPO Delayed: Report

**New Delhi:** Reliance Industries is reportedly aiming to list its telecom business, Jio, next year, according to Reuters. The move comes after years of speculation, with sources indicating that Reliance Industries has finalized plans for the IPO following Jio’s success in becoming India’s leading telecom player.

Analysts estimate Jio’s valuation to be over USD 100 billion, with Jefferies estimating it at USD 112 billion.

While Jio is poised for a 2025 listing, Reliance Industries is delaying the IPO for its retail unit. This suggests a focus on solidifying the retail business before taking it public, according to sources.

Reliance Industries has not publicly commented on the reported timelines.

This news comes amidst a surge in IPO activity in India, fueled by the country’s booming stock market and potential for significant gains.

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