Jio, the technology subsidiary of Reliance Industries Ltd (RIL) which houses telecom giant Reliance Jio Infocomm, is preparing for a public listing by the first half of 2026, RIL MD Mukesh Ambani said.
“Today, it is my proud privilege to announce that Jio is making all arrangements for its life. We are aiming to list by the first half of 2026, subject to all necessary approval,” Ambani said at RIL’s 48th annual general meeting.
The listing, expected to be one of the biggest in India’s market history, could raise over INR 50,000 Cr.
In the past, RIL had reportedly engaged SEBI in informal talks to seek approval for selling a 5% stake in Jio through IPO.
It is pertinent to note that Jio’s total revenue for FY25 stood at INR 1,50,270 Cr and it posted a net profit of INR 26,120 Cr.
Jio’s listing, expected to be one of the biggest in India’s market history, could raise over INR 50,000 Cr.
In the past, RIL had reportedly engaged SEBI in informal talks to seek approval for selling a 5% stake in Jio through IPO.
(The story will be updated soon)
The post Jio Preparing For IPO In H1 2026: Mukesh Ambani appeared first on Inc42 Media.
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