MUMBAI : Reliance Jio Platforms is preparing to go public in the first half of 2026, Chairman Mukesh Ambani confirmed during Reliance Industries’ Annual General Meeting on Friday.
Describing the listing as a landmark moment for India’s capital markets, Ambani said the Jio IPO will mark the next phase of growth for the country’s largest digital services provider. He outlined five priorities driving Jio’s strategy ahead of the public offering: extending mobile and broadband connectivity to every corner of India, expanding household digital services, accelerating business digitization through secure platforms, launching an “AI Everywhere for Everyone” programme, and building Jio’s international presence.
Despite the ambitious roadmap, Reliance Industries shares slipped by around 2% following the announcement, reflecting investor caution as markets weigh the timing and scale of the much-anticipated listing.
The decision comes after earlier plans for a 2025 float were deferred amid concerns about revenue growth and market conditions. Jio, however, has recently strengthened its IPO credentials by crossing the 500 million subscriber milestone, consolidating its dominance in India’s telecom and digital services space.
The offering, when launched, is expected to rank among India’s largest IPOs, with analysts predicting it could reshape the country’s digital economy investment landscape.