Reliance Jio is gearing up for a record-breaking IPO by H1 2026, potentially raising up to Rs 67,500 crore and valuing the company at $154 billion. It would surpass all previous Indian listings, including Hyundai and LIC. With over 500 million subscribers and strong financials, Jio aims for global expansion, though analysts caution on valuation benefits for RIL shareholders.
Reliance Jio IPO at $154 billion valuation? India’s biggest listing and what investors need to know
by ET Markets | August 31, 2025 10:04 am | Indian Stocks, Market, News