Upcoming Lecture Reminder
Stay tuned for our upcoming content on a related channel. Don’t forget to set reminders for the next lecture to stay informed!
IPO Speculation for 2025
- Initial speculation about a major IPO valued at ₹35,000-40,000 crores, potentially the biggest in India's history.
- Historical comparisons with IPOs like Paytm (₹21,000 crores) and LIC (₹21,000 crores).
- Projected company valuation: ₹10 lakh crore (~$120 billion).
Hints Supporting the IPO Speculation
- Mukesh Ambani’s earlier statements about listing Jio and Reliance Retail separately.
- Increasing profitability and strategic moves, such as tariff hikes and segment-wise revenue growth, indicating readiness for a significant IPO.
- Back-to-back investments by global funds like KKR, Vista Equity, General Atlantic, and others, suggesting potential investor exits through a public offering.
Jefferies’ Prediction
A forecast of a potential IPO in the second half of 2025 aligns with current trends and strategic hints.
Revenue and Profitability Trends
- Jio’s growing contribution to Reliance’s profitability and strategic performance metrics indicating a prime time for IPO launch.
- Despite a slight drop in user base due to tariff adjustments, Jio remains a significant contributor to Reliance’s overall performance.
Market Position
Jio holds a strong position in profitability and subscriber base, despite competition from other telecom players like Vodafone Idea.