R Reliance Retail Limited is the retail business wing of Reliance Industries Ltd.Being India’s largest and and the most successful retailer, it has accomplished a feat that no other retailer has achieved by touching every aspect of its consumers’ life from morning to evening, food to fashion, items of necessities to luxuries of life, cities to towns, online to offline and much more, enabling the ease of living for every Indian.
Reliance Retail has established its business across five key consumption baskets of:
• Consumer Electronics
• Fashion & Lifestyle
• Grocer
• Petro Retail
• Connectivity with deep business moats.
It has a strong network of 11748 physical stores covering 28.7 million sqft across 7000+ towns and cities. Reliance Retail also has exclusive partnerships with 46 most famous and iconic brands in India as well as globally indicating an International presence in 18 countries.
It is considered the 2nd fastest-growing retail Company in the world as per Deloitte’s Global Powers of Retailing 2021. Reliance Retail is now embarking on a journey to transform traditional retail through its JioMart Digital Commerce Platform. The roadmap to this journey requires Reliance Retail to establish a complex yet robust physical and digital pan-India infrastructure and neatly weave this network into a smooth, sound and responsive operating system, which will enable Reliance Retail to serve consumers in partnership with traditional retailers
*Disclaimer: Investors should consider certain risk factors such as wide bid ask spread, delay in expected IPO, change in underlying business fundamentals impacting adversely on original investment rationale, security becoming further illiquid due to demand/supply imbalance and IPO floor may turn out to be lower than investors expectation.