What is the expected valuation of Jio Platforms' IPO?

Jio Platforms is eyeing a valuation of up to $170 billion for its highly anticipated IPO.

How will revised Indian listing regulations impact Jio Platforms' IPO?

The new rules may limit the total funds Jio can raise, as companies with a post-listing market cap over 5 trillion rupees must offer shares worth at least 150 billion rupees and dilute only 2.5% of equity.

Home / Business and Economy / Jio Platforms Targets $170B Valuation for Landmark IPO in 2026

Jio Platforms Targets $170B Valuation for Landmark IPO in 2026

Q: When is Jio Platforms' IPO expected to take place?

The Jio IPO is planned for the first half of 2026, several years after initial discussions began in 2019.

6 Nov, 2025

•

Summary

Jio Platforms eyes $170B valuation for potential IPO
Listing expected in first half of 2026, could be India's largest
Revised regulations may impact total funds raised

Jio Platforms Targets $170B Valuation for Landmark IPO in 2026

In November 2025, investment bankers are proposing a valuation of up to $170 billion for Jio Platforms Ltd., the wireless carrier owned by Reliance Industries. This potential valuation would position Jio among India's largest companies by market capitalization, surpassing telecom rival Bharti Airtel's $143 billion valuation.

Reliance's chairman Mukesh Ambani had previously indicated the Jio IPO could happen in the first half of 2026, several years after initial discussions about a public listing began in 2019. The offering is set to be a landmark event, potentially raising over $4 billion if Jio achieves the top-end valuation proposal.