Reliance Jio Prepares for Record-Breaking IPO in November 2026

Jio Platforms Limited is set to begin investor meetings next week in the US, Hong Kong, London, and the Middle East ahead of a planned IPO in November 2026.

The company aims to raise up to Rs 37,700 crore, approximately $4 billion USD, through a fresh issue of 27 crore equity shares to reduce debt and fund AI and 5G expansion.

Mukesh Ambani has opted against an offer for sale component to prioritize retail investor participation, following a strategy similar to the launch of Jio Financial Services Limited.