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| Name | Mukesh Ambani looking to list Jio Platforms overseas |
| Video Uploader | Video From Indian IPO Blog |
| Upload Date | This Video Uploaded At 26-05-2020 17:51:39 |
| Video Discription | Reliance Industries Ltd. is working with banks on early preparations for an overseas listing of its digital and wireless business, people with knowledge of the matter said, after the unit attracted more than $10 billion of investment in a month. Asia’s richest man, is preparing Jio Platforms Ltd. for an initial public offering outside of India, the people said. The offering could happen in the next 12 to 24 months and the company hasn’t decided on a listing venue, one of the people said. There’s also no final decision on timeline and size, according to the people, who asked not to be identified as the discussions are private. Started in 2016, Reliance Jio is now India’s largest wireless carrier. The operator stormed past rivals by building a nationwide 4G network, then offering free calling and data services at prices established competitors with older networks could not match without losing money. Ambani was weighing an IPO of Reliance Jio three years ago after a $31 billion investment spree, Bloomberg News reported in 2017. Source: CNBC, Economic Times and Bloomberg Music: https://www.bensound.com All copyrights are of respective owners. No copyright infringement is intended |
| Category | News & Politics |
| Tags | Reliance Jio IPO | Indian IPO Blog | Jio Platforms IPO | Reliance Jio Overseas IPO | International IPO | Jio IPO abroad | Overseas IPO | Mukesh Ambani IPO | Mukesh Ambani Jio Platforms Listing | Jio Fibre IPO | Reliance Jio Platforms IPO | Reliance Facebook deal | Reliance KKR Deal | Reliance Jio Facebook Deal | Reliance Jio valuation | Upcoming IPO | Forthcoming IPO | Future IPO | Overseas Listing | Reliance Jio Overseas Listing | Mukesh Ambani |
