With the much-awaited list of Jio platforms, the Mukesh Ambani-led Reliance Group is on track to overtake the Tata Group to become India’s largest conglomerate in terms of total market capitalization. This estimate is based on the evaluation of the Jio platform. Jio Platforms will become the 13th listed company of the Reliance Group. Currently, Reliance Group has fewer listed companies as compared to Tata Group (which has 27 listed companies). Let us also tell you how Mukesh Ambani’s Reliance Group can overtake the Tata Group. Also, how big a role could the Jio IPO play in this?

Reliance Rs. 28 lakh crore group will be formed

As of Friday, October 16, i.e. the last trading of last week, Reliance Group had a total market capitalization of Rs 18.05 lakh crore. The biggest contributor to this was India’s largest company Reliance Industries Limited (RIL), which has a market capitalization of Rs 16.37 lakh crore. Jio Financial Services’ contribution was Rs 1.43 lakh crore. Rs. With an estimated market capitalization of Rs 10.30 lakh crore, the listing of the Jio platform increased the Reliance Group’s total market capitalization to Rs. 28.35 lakh crore will be. Other listed companies in the group – such as Alok Industries, DEN Networks, Hathaway Bhavani Cabletel & Datacom, Hathaway Cable & Datacom, Just Dial, Network18 Media, GTPL Hathaway and SW Solar – contribute relatively less to the total valuation.

In such a situation Tata Group will be left behind

Tata Group’s market will face a big challenge after Jio’s listing. There is a reason for that too. The combined market capitalization of the 27 listed companies of the Tata Group is Rs. 25.92 lakh crore was seen. In such a scenario, post Jio listing, Reliance Group’s market cap compared to Tata Group’s is Rs. 2 lakh crore will be over. If we talk about the market cap of Tata group companies, Tata Consultancy Services (Rs. 8.91 lakh crore), Titan Company (Rs. 3.95 lakh crore), Tata Steel (Rs. 2.20 lakh crore), Trent (Rs. 1.57 lakh crore), Tata Motors (Rs. 1.55 lakh crore), Tata Capital (Rs. 1.55 lakh crore), Tata Capital (Rs 1.55 lakh crore) (Rs 1.12 lakh crore) and Indian Hotels (Rs 1.10 lakh crore) contributed the most.

Adani Group is no less

Adani Group Rs. 17.23 lakh crore with a combined market capitalization was at the third position. Adani Ports (Rs 4.01 lakh crore), Adani Enterprises (Rs 3.63 lakh crore), Adani Power (Rs 3.75 lakh crore), Adani Green Energy (Rs 2.14 lakh crore) and Ambuja Cements (Rs 0.90 lakh crore) are among the largest listed companies in the group.

HDFC Group is at number four

With only four listed companies, the HDFC Group is worth around Rs. It ranks fourth among India’s leading business groups with a total market capitalization of Rs 13.9 lakh crore. The largest contributor to this was HDFC Bank, worth Rs 11.22 lakh crore. The remaining holdings include HDFC Life Insurance (Rs 1.20 lakh crore), HDFC Asset Management Company (Rs 1.04 lakh crore) and HDB Financial Services (Rs 43,600 crore).

Aditya Birla Group is worth Rs 10 lakh crore

Aditya Birla Group Rs. 10.20 lakh crore with a total market capitalization of more than 5. Major contributors were Ultratech Cement (Rs 3.22 lakh crore), Hindalco Industries (Rs 2.05 lakh crore), Grasim Industries (Rs 1.98 lakh crore), Vodafone Idea (Rs 1.36 lakh crore) and Aditya Birla Capital (Rs 1.04 lakh crore). Six other companies of this group are also listed on the Indian Stock Exchange.