Is Reliance Jio Set to Launch Its IPO in 2026?
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Synopsis
Reliance Jio is gearing up for its IPO launch in the first half of 2026, as announced by Mukesh Ambani. With over 500 million subscribers and remarkable financial growth, Jio's initiatives have transformed India's digital landscape, making this a highly anticipated event in the telecom sector.
Key Takeaways
- Reliance Jio to launch IPO in 2026.
- Surpassed 500 million customers.
- Significant contribution to Digital India Mission.
- Innovative achievements in telecom sector.
- Financial growth reaching Rs 1,28,218 crore.
Mumbai, Aug 29 (NationPress) The telecom division of Reliance Industries Limited (RIL), Reliance Jio, is set to unveil its initial public offering (IPO) in the first half of 2026, as revealed by the company's Chairman and Managing Director, Mukesh Ambani, on Friday.
"I am honored to declare that Jio is making all necessary preparations to submit its IPO documentation," Ambani stated during the company’s 48th Annual General Meeting.
The conglomerate plans to publicly list Jio by the first half of 2026, pending all requisite approvals, he noted.
Ambani also disclosed that Jio has exceeded a milestone of 500 million customers just before marking its 10-year anniversary.
"In just a week, Jio will celebrate a decade of service to the nation. Reflecting on this journey, these years have been monumental in shaping India's digital landscape," he remarked.
He informed shareholders that the Jio family has reached 500 million customers, representing steadfast trust and support.
Jio's innovative Deep-Tech initiatives have ignited India's technological transformation and served as a cornerstone of the Prime Minister's Digital India Mission, according to the RIL Chairman.
Listing its milestones, he noted that Jio made voice calls free across India, encouraged millions to engage in video streaming on mobile devices, and facilitated digital transactions, while laying the groundwork for India's Digital Public Infrastructure, such as Aadhaar, UPI, Jan Dhan, and Direct Bank Transfer, empowering a confident new generation.
These accomplishments have propelled Jio's financial performance to new heights annually.
"Jio's revenue reached Rs 1,28,218 crore (approximately $15.0 billion), marking a 17 percent year-on-year growth in FY-25, with an EBITDA of Rs 64,170 crore (around $7.5 billion). These figures highlight the immense value Jio has already generated, and the even greater potential it holds for the future," Ambani concluded.
Point of View
It is crucial to recognize the impact of Reliance Jio's IPO on the national economy. The company has not only transformed communication but has also contributed significantly to digital infrastructure and accessibility in India. This IPO is a pivotal moment for investors and the nation as a whole.
NationPress
30/08/2025
Frequently Asked Questions
When will Reliance Jio's IPO be launched?
Reliance Jio is expected to launch its IPO in the first half of 2026, pending necessary approvals.
How many customers does Reliance Jio currently have?
As of now, Reliance Jio has surpassed 500 million customers.
What are some achievements of Reliance Jio?
Reliance Jio has made voice calls free across India, promoted video streaming on mobile devices, and contributed to the development of India's Digital Public Infrastructure.
What was Jio's revenue in FY-25?
Jio reported a revenue of Rs 1,28,218 crore (approximately $15.0 billion) with a year-on-year growth of 17% in FY-25.
Who is the Chairman of Reliance Industries?
The Chairman and Managing Director of Reliance Industries is Mukesh Ambani.
