As per news reports, Reliance Industries is reportedly planning to take its telecom arm Jio Infocomm public with a massive ₹52,200 crore initial public offering next year, potentially becoming the largest IPO in Indian market history.
As per a news report, Reliance Industries is preparing to list Jio Infocomm with a proposed ₹52,200 crore IPO that will involve selling a 5% stake. This offering could surpass all previous Indian listings, nearly doubling the ₹28,000 crore IPO of Hyundai India. The telecom giant has initiated informal discussions with SEBI for regulatory clearance. While a 25% public float is typically required, Reliance has sought an exemption, citing current market depth constraints.
If successful, the listing would open the door for global tech investors like Meta and Alphabet to partially exit. Both firms invested a combined $20 billion in Jio Platforms during 2020. At that time, Jio was valued at $58 billion. The upcoming IPO is not only a capital-raising move for Reliance but also a liquidity event for these early backers.
Although earlier reports ruled out a 2025 IPO, fresh developments point to a potential listing in 2026. However, the final timing may vary depending on market dynamics and regulatory approval. Jio is also expected to grow its subscriber base and digital services further before going public, reflecting an aspiration for a stronger valuation.
Read More: IPO Bound NSE Sees Q1 FY26 Profit Jump 10% to ₹2,924 Crore!
The upcoming Reliance AGM, likely in August, is expected to shed light on the IPO roadmap. While Reliance recently posted lower-than-expected results, attention has now shifted toward a potential revival in other business verticals and IPO-related announcements, which may influence investor sentiment.
A ₹52,200 crore IPO from Jio Infocomm would mark a historic milestone in India’s capital markets. With strategic investor exits, digital expansion plans, and regulatory engagement underway, all eyes remain on Reliance’s next moves toward publicly listing its telecom giant.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in securities are subject to market risks. Read all related documents carefully before investing.
Published on: Jul 30, 2025, 1:34 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
