Mukesh Ambani Announces Jio Listing in First Half of 2026

Ambani said the upcoming IPO will demonstrate that Jio is capable of creating the same quantum of value as its global counterparts

- OUR CORRESPONDENT

NEW DELHI: Reliance Jio, India's biggest telecom operator, is planning to launch an initial public offering (IPO) and listing on bourses in the first half of 2026, Reliance Industries Chairman Mukesh Ambani said on Friday.

Jio is currently a unit of Reliance Industries Ltd, India's most valuable company.

Addressing the annual shareholder meeting of the company, Ambani said, "Jio is making all arrangements to file for its IPO. We are aiming to list Jio by the first half of 2026, subject to all necessary approvals."

Jio, in its 10th year of operation, has crossed 500 million (50 crore) user base, he said.

Ambani said the upcoming IPO will demonstrate that Jio is capable of creating the same quantum of value as its global counterparts.