When is Reliance Jio's IPO expected?

Specific dates are not yet announced, but preparations are actively underway.

How much is Jio Platforms valued at?

An estimated valuation for Jio Platforms is around $180 billion.

What is the proposed stake sale for Jio IPO?

Reliance is considering floating approximately 2.5% of Jio Platforms' equity.

Home / Business and Economy / Jio IPO: Ambani Eyes $4.5B Boost

Jio IPO: Ambani Eyes $4.5B Boost

11 Jan

Summary

Jio Platforms is preparing for an IPO, potentially floating 2.5% equity.
The IPO could raise approximately $4.5 billion based on valuation.
Regulatory changes regarding minimum public shareholding are pending.

Reliance Jio Platforms is advancing preparations for its anticipated stock market listing, with initial drafting of IPO documents underway. The company, a key entity under Reliance Industries and led by Mukesh Ambani, aims to offer a small stake, potentially around 2.5% of its equity.

This strategic move could yield approximately $4.5 billion, contingent on a $180 billion valuation. The size of the offering is influenced by pending regulatory approval to reduce the minimum public shareholding requirement for large IPOs in India from 5% to 2.5%.

While Jio Platforms has diversified into AI and digital services, telecom still forms the bulk of its revenue. The IPO planning occurs amid a strong Indian IPO market and potential competition from new entrants like Starlink.

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