Reliance to Launch Jio IPO by H1 2026, Mukesh Ambani Confirms

Mumbai, 29 August 2025: Reliance Industries Limited Chairman Mukesh Ambani has announced that the company’s telecom arm, Reliance Jio Infocomm Ltd, will launch its Initial Public Offering (IPO) by the first half of 2026. The landmark IPO could be the telecom sector’s biggest IPO, if not the biggest overall.

Announcing the move at Reliance’s 48th annual general meeting, Chairman Mukesh Ambani said, “Today, it is my proud privilege to announce that Jio is making all arrangements to file for its IPO. We are aiming to list Jio by the first half of 2026, subject to all necessary approvals.”

Reliance Jio’s Subscriber Base Hits 500 Million, Driving Telecom Sector Dominance

Reliance Jio started its operations in 2016 and has since amassed an immense customer base of 500 million. The significant subscriber base is larger than the combined populations of countries such as the UK, France, and the US. The company is also known to have rolled out the world’s fastest 5G and plays a vital role in India’s UPI spectrum and other digital payments.

Mukesh Ambani Outlines Jio’s Strategic Expansion into Smart Homes and AI Solutions

Mukesh Ambani highlighted the future roadmap for the company. Jio wants to connect every Indian household with mobile and broadband services and wants to expand into smart home solutions. It also wants to drive enterprise digitisation and small business growth. It is currently leading an “AI Everywhere for Everyone” initiative and wants to expand its operations globally.

Reliance Jio Reports ₹1.28 Lakh Crore Revenue and ₹64,170 Crore EBITDA in FY25

In the financial year 2025, Reliance Jio recorded a robust revenue of ₹1.28 lakh crore, accompanied by an impressive EBITDA of ₹64,170 crore, highlighting the company’s strong operational efficiency and continued market dominance in the telecom sector.

The upcoming IPO will give global investors direct access to India’s largest telecom operator and anchor Reliance’s long-term focus on digital, consumer, and AI-driven businesses.

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