Reliance Retail IPO
Reliance Retail is the retail initiative of Reliance Industries Limited (“RIL”) and is focal to the group’s consumer-facing businesses. The company has been at the front line of bringing about the Organized Retail revolution in India. Reliance Retail has been ranked as the fastest-growing retailer in the world, ranking 56th in the list of Top Global Retailers, and is the only Indian Retailer to feature in the Top 100. Reliance Retail is India’s most profitable and largest retailer with the widest reach. Reliance Retail has nearly 20 crores of registered customers buying across all its formats. In FY22, it recorded more than 50 crores of footfalls across all its stores, a scale unparalleled by any other retailer in India. With over 120,000 ph (“per hour”) transactions, Reliance Retail operates at an exceptional scale in the Indian retail industry and continues to enrich the quality of lives of crores of Indians every day.
Reliance Retail has adopted a multi-prong strategy and operates a wide array of store formats that cater to planned shopping needs as well as occasional or daily needs of the customers across major consumption baskets of Grocery, Fashion & Lifestyle, and Consumer Electronics.
- Grocery consumption basket: In this, the company operates Reliance Fresh Signature, SMART, Smart Point, Shree Kannan Departmental, Freshpick, and Jayasurya stores focused on food, fresh produce, bakery, home, dairy products, and personal care products, as well as general merchandise items.
- Fashion and Lifestyle consumption basket: In this, the company operates a portfolio of formats that serves customers across value, mid, premium, and luxury segments. Reliance Retail operates Trends, Trends Man, Trends Woman, Trends Footwear, Avantra by Trends, Hamleys formats, Reliance Jewels, and a portfolio of more than 50 marquee international brands such as Armani, Burberry, Marks & Spencer, Diesel, Brooks Brothers, GAS, Superdry, Steve Madden and more.
- Consumer Electronics consumption basket: In this, the company operates Reliance Digital and MyJio Store formats offering a wide range of consumer electronics, home appliances, computing, mobility products, latest gadgets, and accessories. These stores are backed by ResQ, which is a full-fledged service organization and is India’s only ISO 9001-certified electronics service brand.
Reliance Retail has a strong presence in e-commerce channels through AJIO.com, a curated fashion & lifestyle store bringing the best of international and national brands to customers’ doorsteps, and Jiomart, India’s largest hyperlocal retail solution that leverages the well-established supply chain infrastructure, and a wide network of Reliance Retail’s grocery stores. Reliance Consumer Products, an FMCG arm of Reliance Retail, has announced the launch of a package goods brand, Independence. The company will be selling products ranging from processed food to staples, and other daily essentials under the new FMCG brand.
Reliance Retail IPO Details :
| IPO Open Date | Not Available |
| IPO Close Date | Not Available |
| Listing Date | Not Available |
| Face Value | ₹10 per share |
| Price | Not Available |
| Lot Size | Not Available |
| Issue Size | Not Available |
| Fresh Issue | Not Available |
| Offer for Sale | Not Available |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not Available |
| NII (HNI) Shares Offered | Not Available |
| Retail Shares Offered | Not Available |
| Promoters | Reliance Retail Ventures Limited |
Reliance Retail IPO Shareholding of Promoter of Reliance Retail:
| S. No. | Name of the Shareholder | No. of Equity Shares
held |
Percentage % of total shares |
| 1. | Reliance Retail Ventures Limited | 4,98,70,26,060 | 99.93% |
| Total | 4,98,70,26,060 | 99.93% |
Reliance Retail IPO Financial Analysis of Reliance Retail:
| Particulars | FY-22(in cr.) | FY-21(in cr.) | YoY |
| Revenue from Operations | 169397.35 | 131687.81 | 28.6% |
| Other Income | 12.58 | 239.08 | -94.7% |
| Operational Cost | 146791.70 | 112935.20 | 30.0% |
| Employee Cost | 1514.39 | 1223.11 | 23.8% |
| Other expenses | 10765.65 | 9446.41 | 14.0% |
| EBITDA | 10338.19 | 8322.17 | 24.2% |
| EBITDA margin% | 6.10% | 6.32% | |
| Depreciation | 1781.03 | 1447.58 | 23.0% |
| Interest | 1977.24 | 693.03 | 99+% |
| PBT | 6579.92 | 6181.56 | 6.4% |
| Total tax | 1645.27 | 1594.70 | 3.2% |
| PAT | 4934.65 | 4586.86 | 7.6% |
| PAT margin% | 2.91% | 3.48% |