Company Overview Before Investing in Reliance Retail IPO

    • 37 posts
    December 19, 2021 11:10 PM EST

     

    Reliance Retail Limited ("Reliance Retail") is an Indian retail company, a parent of Reliance Diligence Limited which operates chain of neighborhood stores, supermarkets, noncommercial cash and carry stores, specialty stores, and online stores in India. Its retail outlets offer food, grocery and other products like home and particular care products, general wares, consumer electronics, fashion and life products, jewelry, and other products. Reliance Retail unlisted shares are very strong.

    As operating checks were precipitously lifted, new store openings proceeded with stores being added taking the total store count stood at stores, covering31.9 millionsq.ft. at the end of the time

    The business launched and fleetly gauged-up JioMart and erected last- afar fulfilment capacity a fresh to enable home delivery of rudiments across 200 metropolises. The company also runs a distribution network includes roughly Jio stores and retailers for new client accession and recharges; sells diesel, petrol, and LPG through its 519 petro retail outlets; and operates online stores that vend life, fashion, grocery, and electronic products. Know also about Reliance Retail Peers.

    In addition, it operates JioMart, an online selling channel that offers fresh fruits and vegetables, cereals, packaged foods, bakery and dairy products, frozen and precious foods, ménage cleaning particulars, and beauty and particular care products.

    Reliance Retail was formerly known as Reliance Fresh Limited. The company was innovated in 1999 and is located in Mumbai, India. Reliance Retail operates as a attachment of Reliance Ventures Limited. Reliance Retail Financial Statements are very strong.

    V Subramaniam is the CEO of the adventure.

    Reliance Retail is India’s largest grocery retailer and operates multiple store generalities – from neighborhood stores to destination supermarkets and JioMart.

    It had a aggregate of stores in April 2021 in India with an area of over38.8 million square bases across further than municipalities and metropolises at the end of FY21.

    Visit For more :- Reliance Retail Revenue Growth