New Delhi: Reliance Jio Platforms, the digital arm of Reliance Industries, is gearing up for a blockbuster entry into the stock market with a mega IPO slated for the first half of 2026. Announcing the move at Reliance’s 48th Annual General Meeting, Chairman Mukesh Ambani called it a landmark step in Jio’s journey towards global expansion.
The telecom and digital giant, which now boasts over 500 million subscribers—outnumbering the populations of the US, UK, and France—has seen rapid growth since its launch in 2016. In FY 2024–25, Jio posted profits of ₹64,170 crore.
Reliance is eyeing a fundraising target of at least ₹52,200 crore through the IPO, which would make it India’s largest ever—surpassing Hyundai India’s record ₹28,000 crore offering.
