Several marquee global strategic and financial investors have shown strong interest in Reliance Retail, which has raised USD 1 billion from Qatar's sovereign agency recently, RIL Chairman Mukesh Ambani said on Monday adding that if it were listed on stock exchanges based on current valuation, the retail venture would be among the top four listed entities. Get more Companies News and Business News on Zee Business.
Reliance AGM 2023: Indian stock market expect announcements on Reliance Retail IPO, Reliance Jio IPO, launch of 5G devices at reasonable price and more on Monday next week
QIA has valued Reliance Retail Ventures, the holding company of Reliances organised retail business, at a pre-money equity valuation of Rs 8.3 lakh crore. At an estimated net debt of Rs 33,200 crore in FY25, RRVLs enterprise value stands at Rs 8.6 lakh crore, and equity per share value stands at Rs 1,200, according to Motilal Oswal s calculations.