Maharashtra|Sept 1st, 2025 |SKY LINK TIMES
Reliance Industries Chairman and Managing Director Mukesh Ambani has officially announced that Jio will file for its much-awaited Initial Public Offering (IPO), targeting a market listing by the first half of 2026, subject to regulatory approvals.
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Speaking at the 48th Annual General Meeting (AGM) of Reliance Industries on August 29, 2025, Ambani termed the move a “milestone step” that will highlight Jio’s ability to generate value comparable with global technology leaders.
Mukesh Ambani’s Big Announcement on Jio IPO
“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. This will demonstrate Jio’s capability to create the same quantum of value as our global counterparts. I am sure that it will be a very attractive opportunity for all investors,” Ambani told shareholders.
Jio’s Key Achievements in India’s Digital Revolution
Mukesh Ambani credited Jio for transforming India’s telecom and digital ecosystem through five major contributions:
- Making voice calls free nationwide.
- Enabling seamless video streaming and digital payments.
- Supporting national platforms like Aadhaar, UPI, and Jan Dhan transfers.
- Powering the rise of India’s startup ecosystem, which now has 100+ unicorns.
- Executing the world’s fastest 5G rollout, paving the way for AI adoption.
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Jio’s Strong Financials
For FY 2024–25, Jio reported:
Revenue: ₹1,28,218 crore (17% YoY growth)
EBITDA: ₹64,170 crore
Ambani said these figures underscore the massive value already created and the greater value yet to come.
What Lies Ahead
Reliance Industries highlighted that FY26 has already begun with robust operational and financial performance. The upcoming IPO is expected to be one of the largest in India’s corporate history, drawing strong domestic and global investor interest.
With this move, Jio is not just preparing for capital expansion but also strengthening its global technology positioning in 5G, AI, and digital innovation.
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