INDIA MARKET LENS
IPO◆ MixedIPO & Listings

Mega Jio Platforms IPO to lead Rs 31,663 crore offerings this week; 9 listings lined up

Reliance Industries is in focus in an ipo & listings development with October 21 in focus.

· Economic Times Markets

India’s primary market is set for a busy week, led by Reliance Jio Platforms’ Rs 30,213 crore IPO and Paras Healthcare’s Rs 1,450 crore issue. Both IPOs open on October 21. Nine companies are also scheduled to list, including six on the mainboard and three on SME platforms.

Dates in focus
October 21

Reliance Industries reported Rs 31,663 crore, Rs 30,213 crore and Rs 1,450 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 -0.3% on the day at ₹1,211.20, and has returned -6.6% over three months. It sits 24% below its 52-week high. The oil & energy sector has moved -3.2% over the same period, so Reliance Industries is running 3.4 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