Ambani plans to take Jio public by mid-2026

Post by : Monika

Photo: Reuters

On August 29, 2025, Mukesh Ambani, the billionaire chairman of Reliance Industries, announced a major plan at the company’s annual meeting. He revealed that Jio Platforms, Reliance’s telecom and digital arm, will become a publicly traded company—meaning it will sell shares on the stock market. This process, known as an IPO (Initial Public Offering), is set to take place by mid-2026.

A public listing of Jio is a long-awaited move, as Ambani first mentioned it back in 2019. Since then, the IPO had been delayed, but at this meeting, he confirmed the company is now preparing to file the necessary paperwork.

Jio Platforms is very large—it is valued at over $100 billion and serves as India’s biggest telecom network, reaching more than 500 million users.

• Jio’s Growth Plan Before Going Public
• Ambani outlined five big goals for Jio to achieve before the IPO:
• Connect every Indian to mobile and home broadband networks.
• Provide digital services to Indian households, like smart TVs and home automation.
• Help small businesses and large firms go digital, using secure online tools.
• Make artificial intelligence tools available to all—his phrase was "AI Everywhere for Everyone."
• Expand Jio’s operations outside of India, going global with its technology.

Why This Matters

• A Huge IPO Ahead: Jio’s public offering is expected to be one of the largest in India's history. Its sheer size and reach make this a landmark event.
• Massive User Base: Serving over half a billion people, Jio is already a telecom giant. This move opens it up to investment from everyday people and big global players.
• Digital and AI Focus: By stressing digital tools and AI, Jio shows it wants to lead India into a tech-driven future.
• Value Unlocking: Taking Jio public will create value for shareholders and attract global investment in India’s digital economy.
• Expected IPO Timeline: Launching by mid-2026 means the company and investors have time to get ready and position the IPO for success.

Background: What Is Jio Platforms?

Jio Platforms is the digital arm of Reliance Industries, a huge Indian company that works in oil, retail, energy, and telecom. Jio launched its 4G service in 2016 and quickly became a leader in mobile internet, changing how India connects. By the time of this announcement, Jio had over 500 million subscribers, showing just how much it has grown in less than a decade.

Since launching, Jio has also invited investments from global giants like Google, Meta, and others. These partnerships helped it grow fast and invest in new technologies.

What Happens Next?

Reliance Industries will now prepare all necessary documents to file for the IPO. This includes financial reports, company plans, and regulatory approvals. Once filed and approved, Jio Platforms will begin selling shares publicly, allowing investors to buy a part of the company.

The money raised from the IPO is expected to support Jio’s ambitious growth goals—like expanding its digital services, rolling out AI tools, and entering global markets.

For Young Readers (8th Grade): Why It’s a Big Deal

Think of Jio as a very big phone and internet company that many people in India use every day. Now, the owner wants to let anyone—like your parents, people in other countries, and big banks—buy a small part of Jio by buying shares. This is a big deal because:

• It lets regular people invest in a huge company.
• The money will help Jio grow even faster—bringing better internet, smart services, and new tech like AI to more homes.
• The company plans to go public in mid-2026, so it’s a big event on the business front.