Reliance Retail Ventures Ltd, the retail unit of India’s most valuable company, is preparing to go public soon, two people aware of the development said.
“It may be after June and the company expects a good response,” one of the two people cited above said on condition of anonymity.
Parent Reliance Industries Ltd (RIL) operates its retail business through Reliance Retail Ventures, the holding company for Reliance Retail Ltd and Reliance Brands. The latter operates joint ventures with international brands.
