INDIA MARKET LENS
IPO◆ MixedIPO & Listings

From free data to a ₹10 lakh crore IPO: How Jio rewrote India's telecom playbook

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

· LiveMint Companies

Reliance Jio’s upcoming IPO marks a new chapter in its decade-long journey. Explore how cheap data, 5G and AI helped reshape India’s telecom industry.

Reliance Industries reported ₹10 lakh 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 +2.8% on the day at ₹1,207.00, and has returned -7.0% over three months. It sits 24% below its 52-week high. The oil & energy sector has moved -1.8% over the same period, so Reliance Industries is running 5.2 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, Telecom & Media.
RELIANCEOil & EnergyTelecom & Media