Jio Platforms Share Price Outlook
Photo: Coinpedia
Reliance Industries could attract investor attention ahead of the Jio Platforms IPO. At an estimated IPO valuation of ₹10.3 lakh crore, Reliance’s 67% stake in Jio Platforms would be worth approximately ₹6.9 lakh crore. Even at a 20% discount to this valuation, the stake would be valued at around ₹5.52 lakh crore, equivalent to approximately ₹408 per Reliance share. If Jio Platforms lists at a 20% premium to its IPO price and grey market premium (GMP) estimates hold, the listing could provide additional valuation support for Reliance Industries. However, GMP figures are unofficial and do not guarantee listing performance.
Source: Coinpedia
