Reliance to float Jio Platforms IPO with fresh issue of up to 27 crore shares
Reliance Industries confirmed the upcoming IPO of subsidiary Jio Platforms will comprise a fresh issue of up to 27 crore equity shares, disclosed on June 19, 2026. The move marks a major capital-raising milestone for the group's digital arm and reshapes the listed-retail-and-digital landscape.
Reliance Industries announced that the upcoming IPO of subsidiary Jio Platforms will be a fresh issue of up to 27 crore equity shares, disclosed on June 19, 2026, signaling major capital-raising for the Reliance group's digital arm.
Why this matters
Confirms the $4B Jio IPO previously flagged in Reliance's ₹4 lakh crore EBITDA roadmap to 2031, and follows recent moves on sovereign AI infrastructure and succession planning under Ambani.
Retail-company signals steady at 3,324 over the last 90 days.