RIL shares trade higher: Conglomerate likely to club all FMCG brands into one unit – New RCPL as it readies to list retail biz

The stock gained as much as 0.47% to ₹403.70 on the NSE.

"The unit that's going to house the FMCG brands is to be called New Reliance Consumer Products Ltd (New RCPL) and will be a direct subsidiary of RIL, much like Jio Platforms Ltd," the report added.

It must be noted that RIL is also planning to launch an IPO for its telecom arm, Jio.

According to media estimates, Reliance Jio may roll out an IPO of around ₹35,000 - ₹40,000 crore, marking a landmark event in the Indian capital markets. The telecom giant is targeting a massive ₹10 lakh crore ($120 billion) valuation. Other IPO specifics like issue size remain under wraps. RIL has not yet released an official statement regarding the IPO. 

The IPO is expected to hit the markets in the second half of 2025. Media reports suggest that the IPO is likely to include a combination of both a fresh issue and an offer-for-sale (OFS) from the promoters and existing shareholders of the company, with a pre-IPO placement for a closed group of investors.