Reliance Jio Plans IPO for Late October 2026
Reliance Jio Chairman Akash Ambani announced plans for an initial public offering later this month to fund expansion into AI and satellite technology.
Reliance Jio Chairman Akash Ambani announced plans for the company's initial public offering during the India Mobile Congress 2026 in New Delhi. Ambani described the listing as the beginning of a new growth phase intended to create long-term shareholder value while maintaining the company's commitment to affordable services.
Jio Platforms Limited intends to expand its operations into artificial intelligence, digital platforms, and satellite technology. The company currently provides coverage to approximately 99 percent of the population in India.
Reports indicate the IPO may launch later this month. The tentative public subscription period is scheduled for October 21 to October 23, with a projected listing date of October 28. Ambani noted that these dates remain subject to market conditions.