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3 years ago

Photo by Slater Beard on April 15, 2024.

Photo by Slater Beard on April 15, 2024.

Photo by Slater Beard on April 15, 2024.

Photo by Slater Beard on April 15, 2024.

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Posted On: April 15th 2024, 06:55 pm

Tagged Users:

@sallyblumberg

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men in black

Comments (6)

ehhh_zane

3 years ago

ehhh_zane

Black in men

caitlinhultquist

3 years ago

caitlinhultquist

Slay

brysonrdavis

3 years ago

brysonrdavis

Sharp

tanner.023

3 years ago

tanner.023

Boa, buck, slim, champ, sport, boss

emily.grizmer

3 years ago

emily.grizmer

looking damper

garrett.tantius

3 years ago

garrett.tantius

Like the caption wonder where you got the idea from 👀

More posts

The next generation of the Ambani family took centre stage as Reliance Jio marked a historic milestone in Mumbai on Thursday, October 15, ahead of what is set to become India’s biggest-ever initial public offering (IPO).

Akash Ambani, Isha Ambani and Anant Ambani were part of the next-generation leadership entrusted with taking Jio Platforms public, marking a significant chapter in the business empire founded by their grandfather, Dhirubhai Ambani. Akash and Isha also addressed the IPO announcement event, outlining Jio’s journey and future ambitions.

The upcoming IPO is expected to raise as much as ₹30,213 crore, surpassing Hyundai Motor India’s ₹27,870 crore offering in 2024. Jio has fixed its price band at ₹1,065 to ₹1,119 per share, valuing the company at approximately ₹10.3 lakh crore at the upper end. Public subscription will open on October 21 and close on October 23.

During the event, Isha Ambani shared an interesting story about how Jio’s journey began. She recalled struggling to submit a college assignment because of poor internet connectivity in Mumbai around 2009-10. The experience sparked conversations with her brother Akash about why India lacked the digital connectivity available in Western countries.

Akash, who serves as Jio Platforms’ Managing Director, highlighted the company’s technology capabilities, 5G infrastructure and ambitions to capture opportunities in India’s growing digital economy.

Veteran banker Uday Kotak described the upcoming IPO as a testament to the next generation of Reliance’s leadership, particularly Akash and Isha, while acknowledging Mukesh Ambani’s guidance.

The occasion also carries historical significance. Nearly five decades after Dhirubhai Ambani took Reliance Industries public in 1977, his grandchildren are helping lead another landmark moment for the conglomerate.

With over 53 crore subscribers and a record-breaking public offering approaching, Jio’s IPO represents both a major financial milestone and a generational transition in one of India’s most influential business families.

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