Reliance Jio IPO

Reliance Industries' planned listing of its digital arm Jio Platforms could be delayed to the second half of fiscal 2027 due to geopolitical tensions in the Middle East, CreditSights said on Wednesday. In its commentary on FY26 earnings of India's most valuable company, CreditSights said the management in the earnings call shared that "the Jio IPO was imminent." Earlier market rumors reported that the IPO could come as early as May, with Reliance looking to shed 2.5-3 per cent stake from its existing 67 per cent stake in Jio for close to USD 4 billion (Rs 37,500 crore). "We believe the Mideast conflict may delay Jio's IPO towards the second half of the year," CreditSights, part of the Fitch Group, said. "A Jio IPO will raise cash for debt repayment and capex, and improve Jio's competitiveness against rivals Bharti and Vodafone Idea." Reliance reported 2025-26 (FY26) revenue and EBITDA growth of 10 per cent and 8 per cent year-on-year, respectively, with retail and telecom continuin

Telecom players continue to gain market share, supported by higher customer stickiness, improving financial performance, and favourable market conditions.

Reliance may file Jio Platforms IPO papers in May after delay due to market volatility, with full-year earnings expected to strengthen India's biggest-ever listing

Among the most closely tracked issues for FY27, analysts said, is Jio Platforms - the holding company for Reliance's telecom business, which is expected to file its draft papers with Sebi soon

Emkay Global has retained its 'Reduce' rating on Bharti Airtel stock despite Africa Ebitda upgrade, citing Arpu risks, valuations, and Jio IPO impact on investor flows and competition

At $125 billion valuation, IPO size set to be over $3 billion

Ambani's Jio Platforms is set to file for approval of its IPO in Mumbai as early as this week

Thus far in the month of January, RIL's market price declined by 9.5 per cent, while, it has corrected 12 per cent from its all-time high level of ₹1,611.20 touched on January 5, 2026.

Reliance Jio Platforms plans to sell a 2.5 per cent stake in an IPO this year, potentially raising $4.5 billion, which would make it India's largest-ever public offering

In the past one year, RIL share price has outperformed the market by surging 30 per cent, as against 9 per cent rise in the BSE Sensex

In the past one month, RIL shares have gained 4 per cent as compared to a 1.4-per cent rise in the BSE Sensex

JM Financial values Jio at about $140 billion in equity ($153 billion enterprise value) and argues that the IPO will reinforce the "free cash flow growth story"

Brokerages maintain 'Buy' rating as analysts believe Reliance Industries is well-positioned to benefit from rising data demand, and an increase in telecom tariffs plus retail business growth.

RIL to finalise bankers for Jio Platforms' IPO by year-end; listing expected in first half of 2026, likely to be India's biggest at around $6 billion; recalibrates Russian oil imports amid US sanction

MOSL has thus valued Reliance Industries' stake in JPL at ₹7.91 trillion or $90 billion. JPL's enterprise value (EV; equity plus debt) has been pegged at $151 billion by the domestic brokerage

Reliance Industries (RIL) share price hit a 4-month low after AGM as Jio IPO plans raised holdco discount fears. Read to find out analysts' ratings with new share price targets

RIL's Chairman and Managing Director Mukesh Ambani at the company's 48th annual general meeting (AGM) on Friday announced the plan for Reliance Jio IPO during the first half of 2026.

RIL AGM: Jio Chairman Akash Ambani added that the company has crossed 500 million customers, making it one of the largest telecom operators globally

At the bourses, meanwhile, the stock has been an outperformer, rallying nearly 16.5 per cent thus far in calendar year 2025 (CY25) as compared to 0.7 per cent gain in the BSE Oil & Gas index

At the AGM in 2024, Mukesh Ambani-controlled RIL guided for 2x growth in its business by 2030, with JIO and Retail envisaged to double over the next three-four years