INDIA MARKET LENS
IPO◆ MixedIPO & Listings

Jio Platforms IPO confirms RIL reservation quota — How will it impact Reliance share price? Experts' views

Reliance Industries is in focus in an ipo & listings development.

· LiveMint Markets

Jio Platforms IPO: The shareholder quota has been confirmed in the IPO's final prospectus, and Jio Platforms shares worth up to ₹2,500 crore have been reserved for eligible Reliance Industries…

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Reliance Industries reported ₹2,500 crore. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is +0.7% on the day at ₹1,174.60, and has returned -9.2% over three months. It sits 26% below its 52-week high, which means a good deal of bad news was already in the price. The oil & energy sector has moved +0.1% over the same period, so Reliance Industries is running 9.3 points behind its peers.

For Reliance Industries, the question is how much of this is already reflected in the price and how much re-rates the oil & energy peer set alongside it.

  • Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
  • The company directly in focus is RELIANCE.
  • Sector exposure: Oil & Energy.
RELIANCEOil & Energy