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Reliance Jio’s IPO will be the biggest issue ever after Hyundai Motor India. In October 2024, Hyundai’s IPO was Rs 27,870 crore.
Reliance Jio is preparing to bring the largest IPO in Indian history so far. According to reports, Jio also sells its only 5% stake, so it can raise funds from about 58,000 to 67,500 crore rupees.
If this happens, it will be the largest IPO ever after Hyundai Motor India. In October 2024, Hyundai’s IPO was Rs 27,870 crore. According to this, Reliance Jio’s IPO can be more than double the issue of Hyundai.
Reliance Jio’s IPO will come by June next year
India’s largest telecom operator Reliance Jio’s IPO will come by June next year. Reliance Industries Chairman and MD Mukesh Ambani announced it at the 48th Annual General Meeting (AGM) on Friday. This will unlock the value for shareholders at the IPO global level.
Valuation can reach ₹ 13.5 lakh crore
A decade after becoming the biggest player in India’s telecom sector, Reliance Jio is bringing this IPO. With the listing of this issue, the company’s valuation can reach about $ 154 billion, or about 13.5 lakh crore rupees.
Global brokerage firm Goldman Sachs has estimated Jio’s value to be up to $ 154 billion on the listing. At the same time, Jefferies has estimated $ 146 billion, Macquiry $ 123 billion and MK has estimated $ 121 billion.
That is, the valuation of Jio can be between 11.2 lakh crore to 12.19 lakh crore rupees. This figure is more than the current market value (Rs 10.77 lakh crore) of Jio’s competition company Bharti Airtel.
Reliance Industries Chairman and MD Mukesh Ambani
Jio’s more than 50 million subscribers
Mukesh Ambani said that Jio will expand its technology not only in India, but worldwide. Jio already has more than 50 crore subscribers, which makes it the second largest telecom operator in the world after China Mobile.
The biggest IPO ever in India will be
Jio’s IPO can break all the records so far. Earlier, Hyundai Motor India’s IPO of Rs 27,870 crore was India’s largest IPO. Prior to that, big IPOs like LIC (Rs 21,000 crore, May 2022), Paytm (Rs 18,300 crore, November 2021) and Coal India (Rs 15,199 crore, October 2010) came.
Jio’s golden opportunity for IPO investors
Mukesh Ambani said, “Jio will have a great opportunity for IPO investors.” However, some analysts say that the shareholders of Reliance Industries may not get full benefit, as the valuation of the holding company may decrease.
The current market value of Reliance Industries is Rs 18.36 lakh crore and Jio’s IPO will be a large value unlocking event for this. At the same time, Jio’s IPO can prove to be a game-changer not only for the Indian stock market, but also for the entire telecom sector.
Earned a profit of ₹ 7,110 crore in June quarter
Jio platforms include telecom as well as digital business. Its 66.3% stake with Reliance Industries. The rest is with Meta (10%), Google (7.7%) and some private equity investors (16%).
Jio’s financial growth has also been excellent. In the June 2025 quarter, the Jio platforms made a profit of Rs 7,110 crore, which is 25% more than the previous year.
The company’s total income increased by 19% to Rs 41,054 crore and Ebitda increased 23.9% to Rs 18,135 crore. Jio’s margin has also improved due to better earnings per customers and per user.
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Reliance Jio’s IPO will come by June next year. Reliance Industries Chairman and MD Mukesh Ambani announced it at the 48th Annual General Meeting. He said that this IPO will come by June next year. This will unlock the value for shareholders at the IPO global level. Read full news …
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