Mukesh Ambani will form a new company by combining 15 brands: New Reliance Consumer Products Limited will bring IPO at a valuation of more than ₹ 8.5 lakh crore
Mukesh Ambani has started a process of restructuring in his leadership corporate group Reliance Industries. In this, a new company is being formed by combining more than 15 FMCG brands like Campa Cola, which are currently part of Reliance Retail Ventures.
The aim is to pay special attention to these products and attract investors who are only interested in the FMCG sector. This strategy of Ambani will help the group to get on a new track of rapid growth.
New company – New Reliance Consumer Products Limited
The company can form a new company New Reliance Consumer Products Limited by combining all the brands of its three retail units. It will work directly under Reliance Industries, just like Jio does.
IPO may come at a valuation of more than 8.5 lakh crores
According to the latest data of Reliance, the value of Reliance Retail Ventures is more than Rs 8.5 lakh crore. If its IPO comes, it can be one of the biggest public issues in the stock market.
Ambani’s mega plan: Like telecom, big investors will be brought in FMCG business as well
Business… Sales of 11,500 crores in 2024-25, growth 3.5 times
All the FMCG brands of the group are currently with Reliance Retail Ventures, Reliance Retail Limited, Reliance Consumer Products
Campa Cola alone has sales of 1,000 crores
10 lakh stores, network of 3,200 distributors
Aggressive strategy: Price up to 40% lower than big established brands
Reliance Consumer Products handles the manufacturing, distribution and marketing business of the group. It sells its products at 20-40% lower prices than big brands like Coca-Cola, Mondelez and Hindustan Unilever. It also gives higher margins to retailers.
