Telecom and digital giant Reliance Jio Platforms will file for an Initial Public Offering (IPO) in the first half of 2026, Reliance Industries Ltd. Chairman and Managing Director Mukesh Ambani announced on Friday at the company’s 48th Annual General Meeting (AGM).
“Today, it is my proud privilege to announce that Jio is making all arrangements to file for its IPO,” Ambani said.
“We are aiming to list Jio by the first half of 2026, subject to all necessary approvals. I assure you that this will demonstrate that Jio is capable of creating the same quantum of value as our global counterparts. I am sure that it will be a very attractive opportunity for all investors,” he added.
Jio Crosses 500 Million Customers, Enters 10th Year
Ambani announced that Jio, which will enter its 10th year next week, has crossed a major milestone of 500 million customers. “Just a week from now, Jio will enter its 10th year. I am proud to share that the Jio family has crossed 500 million customers,” he said.
Highlighting Jio’s role in shaping India’s digital transformation, Ambani added, “Jio made voice calls free from anywhere to everywhere in India. It made watching videos on mobile phones a habit for millions of Indians. Jio laid the foundation for India’s digital public infrastructure, including initiatives such as Aadhaar and UPI. The company enabled the creation of India’s digital ecosystem. Jio helped build the world’s third-largest startup ecosystem in India, supporting over 100 unicorns.”
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At the AGM, Akash Ambani revealed that Jio AirFiber has become the largest fixed wireless provider in the world, adding over one million homes monthly. Reliance Jio also announced the launch of new products and services, including Jio AI Cloud, Jio Frames, and Jio PC.
