Business

Jio IPO Set for First Half of 2026

Reliance Industries has confirmed that its digital arm, Jio Platforms, is preparing for an initial public offering (IPO) in the first half of 2026. Chairman Mukesh Ambani told shareholders that the IPO would be a “very attractive opportunity” for investors and a major milestone for the company.

Market Significance

The listing is expected to be one of the largest in India’s history, with Jio’s valuation estimated at over $100 billion. Market watchers believe the IPO could surpass previous records on Dalal Street, while also offering exit options for several global investors who backed Jio during earlier funding rounds.

Strategic Outlook

Jio currently serves more than 500 million subscribers across India, making it the country’s largest telecom operator. Funds raised through the IPO are likely to support nationwide 5G expansion, digital services, cloud initiatives, and artificial intelligence projects. Ambani also indicated that Jio aims to position itself as a global technology player in the coming decade.

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