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Jio to ring in IPO by 2026
Hindustan Times Delhi
|August 30, 2025
A decade after disrupting India’s telecom market with free calls and low data prices, Jio Platforms Ltd (JPL)—the digital arm of Reliance Industries Ltd, which also houses the telecom business—is preparing for a public listing.
The move, which is said to pit the telco against listed rival Bharti Airtel, comes at a time when global markets and geopolitical issues have dimmed visibility for many companies.
“Jio is making all arrangements to file for IPO (initial public offering),” said Mukesh Ambani, chairman of Reliance Industries Ltd, at the 48th Annual General Meeting of the company on Friday. “We are aiming to list Jio by the first half of 2026, subject to all necessary approvals,” he added. According to industry executives, JPL is targeting a valuation upwards of $120 billion, and the offering size for the IPO would be around $8-10 billion.
यह कहानी Hindustan Times Delhi के August 30, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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