Reliance Jio plans $8.5 billion IPO in H1 2026
Reliance Jio Platforms, the digital arm of Mukesh Ambani's Reliance Industries, is planning a massive IPO in the first half of 2026.
The company could be valued between $134 billion and $146 billion—putting it among India's top five by market cap and marking Reliance's biggest listing since 2006.
Jio aims to raise ₹52,000-67,500 crore
Jio aims to raise ₹52,000-67,500 crore (about $6.5-8.5 billion) through this public offering.
Indian rules require at least 2.5% of equity to be offered in the IPO for such large firms.
This comes after Jio already attracted huge investments from global giants like Meta and Alphabet.
Jio's business and operations
Jio Platforms runs everything digital for Reliance—mainly its telecom network with over 500 million subscribers across India.
Most of its money comes from wireless services, but it's also expanding fast into digital products and AI tech.
A long-awaited IPO
This IPO has been brewing since 2019 and could unlock major value for shareholders while showing off Jio's leadership in tech and telecom.
It's a big moment for Indian markets—and global investors will definitely be watching what happens next!