Jio IPO a ‘milestone event’, can result in at least 20% upside for RIL, says Gurmeet Chadha of Complete Circle
The upcoming Jio Platforms initial public offering (IPO) is poised to unlock significant value for Reliance Industries Ltd. (RIL), potentially driving its fair value 15% to 20% higher while strengthening its consolidated balance sheet through substantial debt reduction. Gurmeet Chadha, Managing Partner and CIO at Complete Circle, views the public issue as a milestone event…
