Jio Platforms IPO could vault Reliance to own India's top two listed firms, ~Rs 32 lakh crore combined
A planned Jio Platforms listing — pegged near Rs 14 lakh crore — would sit alongside RIL's Rs 17.7 lakh crore m-cap, together accounting for ~7% of BSE's Rs 478 lakh crore. The value-unlocking exercise reshapes the parent of Reliance Retail and tightens its grip on India's m-cap leaderboard.
What happened
Reliance Industries · Jio Platforms' planned IPO could push Reliance group to host India's two most valuable listed companies, with combined m-cap near Rs 32
Key facts
- Rs 17.7 lakh crore RIL m-cap
- Rs 14 lakh crore Jio est m-cap
- Rs 32 lakh crore combined
- 7% of BSE m-cap
- Rs 478 lakh crore BSE total
Why this matters
A Rs 14 lakh crore Jio float resets the comparable-set for Indian digital-infra valuations and could accelerate carve-out playbooks among peer conglomerates eyeing similar value unlocks.