Jio Platforms Raises 3.2 Billion in IPO

Mukesh Ambani Jio Platforms is raising up to 3.2 billion dollars in India largest IPO, valuing the telecoms group at 108.3 billion dollars. The offering was fully subscribed in under two hours. Shares will begin trading on October 28.

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Reliance Industries Jio telecoms logo is displayed on the Jio World Convention Centre building on a street in Mumbai, India, March 24, 2026. REUTERS/Francis Mascarenhas

RELIANCE INDUSTRIES LIMITED is raising up to $3.2B through the IPO of its Jio Platforms unit in India's largest-ever public offering. The listing values the telecoms group at up to $108.3B.

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