Reliance Jio to Go Public in First Half of 2026, Says Mukesh Ambani

Mukesh Ambani, chairman of Reliance Industries, announced at the company’s 48th Annual General Meeting (AGM) that Reliance Jio will launch its much-anticipated initial public offering (IPO) in the first half of 2026. Calling it a “very attractive opportunity,” Ambani said the move will unlock substantial value for shareholders while marking a historic moment in India’s capital markets.

Ambani outlined Jio’s five key growth priorities leading up to the IPO. These include universal mobile and broadband coverage across India, the rollout of advanced digital services for households, providing secure and efficient digital platforms for businesses, embedding artificial intelligence under the vision of “AI Everywhere for Everyone,” and expanding Jio’s presence internationally.

The IPO is expected to be one of the largest in Indian stock market history, potentially surpassing previous listings in scale and investor interest. Analysts predict it could become a landmark event for both domestic and global investors, given Jio’s dominance in the telecom sector.

Since its commercial debut in 2016, Jio has transformed India’s digital landscape with affordable data and connectivity, attracting more than 500 million subscribers. It has also expanded into broadband, enterprise services, and digital platforms, positioning itself as a central player in India’s digital economy.

Ambani noted that the public listing will showcase Jio’s ability to generate value comparable to leading global telecom and technology companies. The announcement also signals Reliance’s continued commitment to expanding its digital and technology ecosystem, building on its track record of disrupting industries from energy to retail.

The proposed IPO, likely to be one of the most watched in Asia, is expected to draw significant participation from both domestic retail investors and international funds, highlighting India’s growing role in the global digital economy.