Reliance goes public Public Deposited

In 1977, in order to scale up its operations, funds were needed. Unwilling to face red tape from banks, Reliance reached out to the public. Its first public issue was oversubscribed seven times, to the complete astonishment of trade analysts. Small investors now became the backbone of the company. Image Courtesy: Reliance Industries Limited.

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Roadshow_for_IPO_of_Reliance_Textile_Industries.png 03-08-2022 Public