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.