Reliance To File Jio IPO Draft Soon , Listing Expected In H1 of 2026

Reliance To File Jio IPO Draft Soon , Listing Expected In H1 of 2026 At Reliance Industries' 48th Annual General Meeting (AGM), Chairman Mukesh Ambani announced the company's plan for the much-anticipated Initial Public Offering (IPO) of its digital arm, Jio Platforms. Key Details of the IPO: Timeline: Reliance aims to file the Draft Red Herring Prospectus (DRHP) soon and expects to list Jio Platforms in the first half of 2026, subject to regulatory approvals. Significance: This IPO is expected to be one of the largest in the history of the Indian stock market, potentially surpassing the record set by the Hyundai Motor India and Life Insurance Corporation of India (LIC) listings. Valuation: Analyst estimates for Jio's valuation range from $134 billion to $154 billion, which would place it among India's top five most valuable companies by market capitalization. IPO Size: The size of the IPO is anticipated to be between ₹58,000 crore and ₹64,000 crore, assuming a 5% stake dilution. This could be made more feasible by a recent SEBI proposal to lower the mandatory public float to 2.5% for companies with a post-issue market capitalization of over ₹5 lakh crore. Purpose of the IPO: The listing is a strategic move to unlock value for Reliance Industries' shareholders and will provide a profitable exit for some of the global investors who poured over $20 billion into Jio Platforms in 2020. These investors include giants like Meta and Google. Jio's Growth and Future Plans: At the AGM, Ambani also highlighted Jio's strong performance and future strategy: Jio has surpassed 500 million subscribers, making it the second-largest telecom operator in the world. The company is focused on its next phase of growth, which includes a major push into Artificial Intelligence (AI). New ventures were announced, including a joint venture with Meta to build enterprise AI solutions and a new subsidiary called Reliance Intelligence to build "gigawatt-scale" AI-ready data centers. Jio is also expanding its operations globally, aiming to take its homegrown technology to international markets. #finance #investing #money #personalfinance #financialfreedom #wealth #moneymanagement #stockmarket #stocks #trading #daytrading #forex #realestate #cryptocurrency #crypto #bitcoin #passiveincome #financialliteracy #financialplanning #budgeting #savingmoney #debtfree #retirementplanning #fintech #Shorts #YouTubeShorts #financeShorts #investingShorts