Reliance Jio Making 'All Arrangements' For IPO By First Half Of 2026: RIL Chairman Mukesh Ambani

Reliance Industries chairman and managing director Mukesh Ambani on Friday (29 August) announced that the telecom and digital services arm of the company - Reliance Jio platforms - will launch its much-anticipated Initial Public Offering (IPO) in the first half of 2026

“Today, it is my proud privilege to announce that Jio is making all arrangements to file for its IPO,” Ambani told shareholders at the company’s 48th Annual General Meeting in Mumbai on Friday (29 August).

“We are aiming to list Jio by the first-half of 2026, subject to all necessary approvals," he said, News18 reported.

Ambani added that the listing would reflect Jio’s ability to deliver value on par with global technology leaders.

Ambani revealed that Jio, which is entering its 10th year of operations, has now crossed 500 million subscribers, consolidating its position as India’s largest telecom operator.

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He credited the company with transforming digital access in India, by making voice calls free, popularising mobile video consumption, and creating the foundation for Aadhaar, UPI, and the country’s startup ecosystem that now supports more than 100 unicorns.

Looking ahead, Ambani said Jio’s next phase will be guided by five priorities: expanding mobile and home broadband connectivity, delivering digital services to households, supporting business digitisation through secure platforms, advancing its “AI Everywhere for Everyone” mission, and taking operations overseas.

The company also unveiled a series of new products and services.

These include JioPC, a device that can turn any screen into an AI-ready computer; JioFrames, an AI-powered wearable with multilingual voice assistant support; and digital home solutions such as Jio Smart Home, JioTV+, and Jio TV OS.

Ambani further highlighted Jio’s growing ambitions in artificial intelligence, announcing plans to develop proprietary AI technologies to serve both Indian and global markets.

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