Asia’s richest man, Mukesh Ambani, is going to do something very special today, July 20. It is worth mentioning that Jio Financial Services has separated itself from the Reliance industry in this way when the new share price was opened for everyone after the Reliance Jio Financial Services demerger, and after the Reliance Jio Financial Services demerger, the new share price stood at ₹273 per share.
Reliance Jio Financial Services Demerger
According to Shah of Axis Securities, the cheapest way to get a share of Jio Financial Services is to try to buy a share of Reliance before the record date. The new company has been founded by non-executive director Isha Ambani and CEO and MD of ICICI, Hitesh Sethia.
We hereby clarify that the Special pre-session, which lasted for about 1 hour and lasted from 9:00 a.m. to 10:00 a.m., was conducted by the Bombay Stock Exchange and the National Stock Exchange. After the Reliance Jio Financial Services Demerger, the stock of Jio Financial Services, formerly known as Strategic Investment Limited, has been valued at Rs 273 per share. Thus, it is believed that today, July 20, 2023, is considered to be a very special day.
Jio financial services Share NSE Overview
| Article Title | Reliance Jio financial services Demerger |
| Category | Financial News |
| Year | 2023 |
| Per share value price | 273 |
| total beneficiaries | 3600000 |
| Company | Reliance |
| listing time | 9:00 am to 10 am |
Reliance-JFSL Demerger
At the end of the pre-open session, which lasted from 9:00 a.m. to 10:00 a.m. on July 20, it was revealed that the market price of shares of Geo Financial Services (GFSL) was Rs 273 per share. Earlier, analysts had estimated that the market price per share of Jio Financial would range from ₹160 to mid-190. The Reliance-JFSL merger was announced by the company last year.
Thus, according to the prospects that have emerged after the Reliance Jio Financial Services Demerger, Jio Financial Services could become the fifth-largest company in India. With Jio Financial becoming the fifth largest company in India, domestic brokerage Nuwama has valued GFSL at Rs 1 lakh crore.
Jio Financial Demerger
When the record date for the demerger of Jio Financial Services from Reliance Industries is set as July 20, 2023, You could only buy shares of Reliance until July 20. When Reliance Jio Financial is separating, the atmosphere should be clear for Jio Financial’s demerger, which is going to benefit more than 3,600,000 investors directly.
Many analysts are considering it a windfall for investors. The main reason for this is that all investors will get one share of GFSL for free with every share of Reliance. With GFSL getting one share for every share of Reliance in the wake of the Reliance Jio Financial Services Demerger, there is a lot of fighting to sell the shares of Reliance.
Kahan Tak Jayega Reliance Ka Share
As we have just clarified to you that the value of JSSL has been given up to Rs 1 lakh crore, the information is coming out that the questions of these types of people under Kahan Tak Jayega Reliance Ka Share, even after the demerger of Reliance shares But we will not see much impact.
On the contrary, it will go up by three to five percent. Reliance stock, which is up as much as 9 percent in the past two weeks if experts believe it will surpass the all-time high of Rs 2856.15 in the next few days, Insiders have clarified in the Reliance Jio Financial Services Demerger that JFSL could be listed before Diwali.
Jio Financial Services Latest News
After the demerger, when Reliance spun off four companies on June 19, 2005, its shares rose 38 percent the following year. According to Jio Financial Services Latest News, JFSL will be listed in the next 2 to 3 months.
That is why NSE and BSE have arranged a special free open session from 9:00 a.m. to 10:00 a.m. According to the company, as soon as the trading session ends on July 20, all shareholders of Reliance will be entitled to receive JSSL with a ratio of one.
Related Reliance Jio Financial Services Demerger
How many investors in total will benefit from Reliance Industries spinning off its financial business?
Reliance Industries’ spin-off of its financial business will benefit a total of over 3.6 million investors.
What percentage gain did the stock of Jio Financial Services Ltd. close at?
Jio Financial Services Ltd. ended 0.62 percent higher at Rs 2,840.
How many crores of rupees is the estimated value of JFSL?
JfSL is valued at Rs. 1 lakh crore.
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