India, Jan. 19 -- Amid growing anticipation for Jio's IPO, parent Reliance Industries Limited (RIL) has shared that the public offering is likely to materialise in the coming months once regulatory checks and balances are in place.
Speaking during RIL's Q3 earnings call, Anshuman Thakur, RIL's SVP - Strategy & Planning said the company is internally preparing for IPO but is awaiting the final notification from the government. He added it is currently working on an assumption that the rules will be in line with SEBI's recommendations.
"We are working on the assumption that it is in line with whatever SEBI has recommended, but we will still have to wait for that before we finalise and then start the process," Thakur said, adding that "it is...