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New Delhi: Mukesh Ambani's company Reliance Industries is yet again entering the stock market soon. For this, the company has prepared its roadmap and is focusing on profitable network expansion. Under the scheme, the target is to add 2,000 new stores on a net basis every year. At the same time, the company is reducing debt rapidly.
An ET report quoted an official source saying that Reliance Retail IPO can enter the market in the next 3 years i.e. 2028. The source said that the IPO of the telecom business is set to be launched next year, and the retail IPO after two years. For this, the company is being expanded rapidly.
To keep the valuation strong before the IPO, Reliance Retail has increased the emphasis on the profitability of the store. In FY25, the company's non-current borrowing has come down from Rs 53,546 crore to just Rs 20,464 crore. In this too, the holding company's liability of inter-corporate deposits has come down from Rs 40,164 crore to Rs 5,655 crore.
In FY22 and FY23, Reliance Retail opened stores at a record speed. But many non-profitable stores were closed in FY24 and FY25.
Now the company says that the process of closing non-profitable stores has been completed and the net 2,000 stores will be increased every year. As of the end of the September 2025 quarter, the company had 19,821 stores, of which 412 were open in the same quarter.
Reliance Retail is now focusing on the fast-growing quick commerce segment. Currently, the company is delivering 10 lakh orders in a day. For this reason, Smart Point grocery stores are being converted into dark stores in big cities. In preparation for the IPO, Reliance has separated its FMCG business and made it directly a subsidiary of RIL. This restructuring will further strengthen the structure of the retail business.
(Disclaimer: This article is only meant to provide information. TV9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, gold, silver and crypto assets.)
