Reliance Retail IPO this year - 28.07.2019

The Reliance Industry is looking to list its most valuable subsidiary i.e. Reliance Retail this year, which has clocked a Revenue of 1,30,000 Cr this year.Reliance Retail has become India's first retail company to cross the 1 lakh Cr of Revenue. Food and Grocery Category - Reliance Retail operates Reliance Fresh, Reliance Smart and Reliance Market stores. Consumer Electronics Category Reliance Retail operates Reliance Digital, Reliance Digital Express Mini stores, and Jio stores, Fashion & lifestyle Category It operates Reliance Trends, Trends Women, Project Eve, Reliance Footprint, Reliance Jewels and AJIO.com in addition to a large number of partner brand stores across the country. Valuations of Reliance Retail, India’s biggest retailer by revenue, crossed Rs 2.5 lakh crore last week in the unofficial market.