Jio Platforms eyes ₹37,700 cr IPO, set to be India's largest listing
Reliance is preparing Jio Platforms for a blockbuster IPO that could reshape telecom tariffs, satcom competition and AI-native network services. The listing would value Jio as a digital-first telecom and tech bet, with LEO satellite ambitions in play by end of decade.
Jio Platforms plans a ₹37,700 crore IPO, potentially India's largest, as Reliance prepares its telecom and digital arm for listing alongside LEO satellite ambitions and AI-native network services.
Why this matters
Builds on Jio's DRHP filing for a ~$4bn IPO at ₹11-12 lakh crore valuation, with global backers like Meta, Google and Saudi PIF. Parallel moves like JioTeleFrame signal an agentic-AI commerce pivot.
Retail-company signals steady at 3,402 over the last 90 days.