How will listing of Jio impact Reliance Industries' shares?

The Jio Platforms IPO opens for public subscription on October 21, potentially influencing Reliance Industries (RIL) shares. The listing is expected to unlock value by providing a transparent market valuation for Reliance’s digital business arm and narrowing its holding company discount, ET Now reported. Ahead of the issue, RIL holds 5,937,841,645 Jio Platforms shares, representing a 66.43% stake.