Jio IPO could lift Reliance past Tata in market value
In short
A possible Jio Platforms IPO could push Reliance Group’s total market value to ₹28.35 lakh crore. That would be above Tata Group’s ₹25.92 lakh crore, based on the reporting.
This matters because it could change the ranking of India’s biggest business groups. The IPO is still only a possibility in the available reporting.
What the reporting says
A potential Jio Platforms IPO could raise Reliance Group’s combined market capitalisation to ₹28.35 lakh crore, overtaking Tata Group’s ₹25.92 lakh crore, according to publisher summaries. The reporting also places Adani at ₹17.23 lakh crore and HDFC Group at nearly ₹13.9 lakh crore. The immediate implication is a possible reshuffle among India’s largest conglomerates, but the IPO remains potential and not yet confirmed in the source.
Why it matters
A potential Jio Platforms IPO is reported to potentially lift Reliance Group’s combined market capitalisation to ₹28.35 lakh crore, above Tata Group’s ₹25.92 lakh crore. The source also ranks Adani and HDFC Group below that level. The market implication is a possible change in the pecking order among major Indian conglomerates, but the listing itself is still prospective in the available material.