Owing to these essential steps, Reliance Jio will build a strong reputation, similar to that of global companies, and it will present an amazing opportunity for investors.
As per the sources, there’s just one week left for Jio to complete its 10 years, and it has crossed around 500 million customers.
About Reliance Jio IPO
As per the sources, Jio would have around ₹58,000 to ₹67,500 crores from investors, even if they sell 5% of their stakes.
One of the top telecom sectors, Reliance Jio’s valuation could reach around $154 billion, or approximately ₹13.5 lakh crore, after listing of issues.
As per the sources, Global brokerage firm Goldman Sachs has estimated Jio’s valuation to reach $154 billion at the time of listing. Jefferies has valued it at $146 billion, Macquarie at $123 billion, and MK at $121 billion.
Assistance of Reliance Jio
Ambani said that Jio plays a crucial role in helping make digital services like Aadhaar and UPI possible in India.
He said Jio helped create the world’s third-largest startup system in India, supporting over 100 unicorns.
Additionally, Jio also does not charge for voice calls, and they can be made from anywhere to everywhere. Moreover, it also helped people watch videos on their mobile phones.
Highlights from Reliance AGM
As per the source, Mukesh Ambani said Jio will bring digital services like Jio Smart Home, JioTV+, Jio TV OS, and easy automation to every Indian home.
Akash Ambani said, “We are proud to introduce JioPC. It turns your TV or any screen into a smart AI-powered computer.
Akash Ambani said, “Here’s a first look at JioFrames, our new AI-powered wearable made for India. It understands many Indian languages and lets you talk to Jio’s voice assistant hands-free. It’s designed to fit how people in India live, work, and have fun.
