Skip to content

Reliance Retail IPO Details Date, Allotment Status, Updates, Issue Price, GMP & Review

Reliance-retail-IPO

Reliance Retail IPO – Company Profile

Reliance Retail is an unlisted subsidiary of India's leading conglomerate Reliance Industries Limited. From consumer electronics to fashion lifestyle, grocery and pharma retail, Reliance Retail is a well-diversified company.  Reliance Retail ranked 56th in the list of Top Global Retailers and has been ranked as the fastest-growing retailer in the world. Reliance retail operates with 15,196 outlets as of March 31, 2022.

Reliance Retail has more than 200 million registered customers with 120,000 ph (“per hour”) transactions across the formats. In FY22, the footfall at Reliance Retail is around 500 million across the stores making it India's leading retail store with exceptional scale in the retail industry.

Reliance Retail IPO Details:

Issue Open
Price Band
Issue Type Book Built Offer
Issue Size (Value)
Face Value Rs.10.00
Issue price
Minimum lot
Market Lot
Stock Exchange NSE,BSE
QIB Portion Not Available
NIB Portion Not Available
Retail Portion Not Available
Fresh Issue Not Available
Offer for Sale Not Available

 

Reliance Retail IPO Issue Price & Size:

Reliance Retail IPO Issue Price is not declared yet, as there is no official statement of price, issue size and a lot size of Reliance Retail IPO. Once the price is declared along with the reliance retail IPO date and other information, you will be informed and get updated with all the details.

Reliance Retail Limited Financial Performance:

Particulars (Rs in Crore) As at/ for the year ended March 31, 2022 As at/ for the year ended March 31, 2021 Change in YoY (%)
Revenue from Operations 169397.35 131687.81 28.60%
Other Income 12.58 239.08 -94.70%
Operational Cost 146791.7 112935.2 30.00%
Employee Cost 1514.39 1223.11 23.80%
Other expenses 10765.65 9446.41 14.00%
EBITDA 10338.19 8322.17 24.20%
EBITDA margin% 6.10% 6.32%
Depreciation 1781.03 1447.58 23.00%
Interest 1977.24 693.03 99+%
PBT 6579.92 6181.56 6.40%
Total tax 1645.27 1594.7 3.20%
PAT 4934.65 4586.86 7.60%
PAT margin% 2.91% 3.48%

 

Reliance Retail IPO Issue Price is not declared yet, as there is no official statement of price, issue size and a lot size of Reliance Retail IPO. Once the price is declared along with the reliance retail IPO date and other information, you will be informed and get updated with all the details.

Reliance Retail IPO Date:

As we already told you the date of Reliance Retail IPO has not been yet declared. Whenever the IPO date will be declared the information will be updated under our IPO section.

Reliance Retail IPO Promoters & Shareholding of the Company:

Reliance Retail Ventures Limited the promoter company of Reliance Retail holds 99.93% shares in the company. Reliance Retail Ventures is holding 4,98,70,26,060 equity shares of Reliance Retail and is the only single and largest shareholder of the company.

Why Invest in Reliance Retail IPO?

Reliance Retail operates with well-diversified retailing from offline retail outlets like Reliance Fresh to online stores Jiomart and AJIO.com offering a wide range of glossary and fashion lifestyle products. The FMCG arm of Reliance Consumer Products launched the package goods brand, Independence and will sell wide-ranging products from processed food to staples, and other daily essentials under this new brand.

As per the reports India's retail market is around US$ 822 billion in FY 19-20 and further, over the next five years it is expected to grow at a CAGR of 10%. And the penetration to the organized retail market is also expected to grow from 11% to 18% by FY25. And JioMart is the largest hyperlocal platform that will attract a huge number of customers from all the regions in the country.

Reliance Retail is backed by the well-managed Reliance Industries Group, with a track record of strong financial growth and a positive outlook. Further with the strategy of connecting with consumers, farmers, and small business owners, Reliance Retail has developed a cooperative structure helping everyone to avail the goods and services offered by the company and enjoy the benefits.

Reliance Retail IPO Allotment Status

IPO allotment status gives investors the details about the number of shares allotted to them in an IPO

Go Reliance Retail IPO allotment status would be available soon after the IPO closure date. Usually, the allotment comes within a week from the IPO closing date which in this IPO is yet to be announced.

One can check the IPO allotment on the below link with YOUR PAN number or Application number or DP Client Id. All you need to do is to follow these steps:-

  1. Reliance Retail IPO Allotment Status

    click-here

  2. Go, Click to Application Status
  3. Select Reliance Retail IPO  
  4. Enter your PAN Number or Application Id or DP Client Id.
Strengths:
  • Reliance Retail is part of India’s leading conglomerate with track records of good management and growth in terms of revenue, profit and wealth of the shareholders.
  • Adopted with a multi-prong strategy and operates a wide array of store formats catering for the wide category and class of people from different segments of society.
  • Reliance Retail is continuously expanding its business across the business verticals with a competitive business strategy.
  • Recently its holding company, Reliance Retail Venture has signed an agreement to acquire a 100% stake in Metro Cash and Carry India Private Limited a part of a German firm operating in India.
  • This strategic acquisition will provide an access to the wide network of Metro India stores located in prime locations across the key cities.
Risks:
  • Every business has risks and threats from the markets. Similarly, Reliance Retail will also face a threat from its nearest rival Dmart and other organized competitors operating in the same industry.
  • The market size of the retail market in India is still possessed by 85% unorganized sector making very less opportunity and penetration by the masses of customers.
  • Any kind of regulatory changes towards the retail sector or unexpected economic conditions can affect the revenue growth and operating margins of the company.

The retail industry is running at very low-profit margins. Reliance Retail also operates at very thin profit margins which can be a concerning factor if any unexpected cost comes to the company.

Reliance Retail IPO Grey Market Premium

Though the Reliance Retail IPO share price has not been declared yet, it is not possible to find out the Reliance Retail IPO GMP. Once the IPO launch date, issue price and other details come out, as per the demand for Reliance Retail shares in the grey market, the GMP will be defined.

Reliance Retail IPO Review & Analysis:

The issue price and other details of this IPO have not been declared, hence analyzing the price of the IPO would be not only difficult but also impossible without knowing how much it is overvalued or undervalued. Once, the issue price comes it would easier to compare the stock price while considering the common parameters like the Price-to-earnings ratio that helps to know what stock is how much cheaper compared to its listed peer group.

However, being a part of one of the best companies in India, Reliance Retail IPO would be an attractive bid for the investor, especially from the long-term perspective. Investing in an IPO depends on the price of a stock, if is issued at a much-discounted price, you can subscribe for the issue and enjoy the listing gains, and if it is issued at a premium, you can wait to settle the price after the listing in the stock exchange. Reliance Retail IPO Grey Market Premium would be also known only after the issue price is declared and demand of the Reliance Retail IPO comes into the grey market.

No comment yet, add your voice below!


Add a Comment

Your email address will not be published.

IPO

    20

    Per order + Get Instant Pledge Benefits* + Zero delivery Brokerage

    10

    Per order only (No hidden charges)

    Open FREE Demat Account in less than 10 minutes (Commodity & Currency)

    20

    Per order + Get Instant Pledge Benefits* + Zero delivery Brokerage

    10

    Per order only (No hidden charges)

    Open FREE Demat Account in less than 10 minutes

    20

    Per order + Get Instant Pledge Benefits* + Zero delivery Brokerage

    10

    Per order only (No hidden charges)

    Related Posts

    Aadhar-Housing-Finance-IPO-Update-Issue-Size-&-Other-Details
    Business Overview -: Aadhar Housing Finance Limited It is a retail-focused housing finance company that...
    Krystal-integrated-services-limited-IPO-Details-Date-Share-Price-Size-GMP-&-Review
    Krystal integrated services limited – about the company Krystal integrated services is India's leading integrated...
    GOPAL-SNACKS-IPO-Issue-Size&-Other-Details
    Business Overview Way back in 1999 , Gopal Grah Udyog was founded as a partnership...