Jio ipo: Mukesh Ambani, chairman of Reliance Industries (RIL), one of the country’s largest companies, has announced that his telecom and digital services company Jio Platforms is now preparing to bring the IPO. It can come in the first half of IPO 2026 and through this, Jio can become a company with more than Rs 13.5 lakh crore.
But amidst this news, there is a big question in the mind of 44 lakh RIL shareholders whether they will get a direct share in Jio or not. Let us know that in the year 2023, when RIL separated its financial unit Jio Financial Services and on its listing, the RIL shareholder got a share for free in exchange for one.
Will you get shares only after investing in IPO?
This time in the case of JIO, Mukesh Ambani has chosen the path of IPO, that is, shareholders will not get shares of Jio for free, but if they want a stake, then they will have to buy shares by putting money in IPO. But even though RIL shareholders do not get Jio shares directly, RIL’s 66.3% stake will be in Jio Platforms. Therefore, RIL will get the benefit of the company’s profits in the end and it can be benefited by the shareholders indirectly.
As per the ET report, brokerage houses such as antique, jeffers, and Goldman Sachs believe that Jio’s strong financial performance, customer growth, and potential increase in tariffs will bring long -term advantages to RIL.
The largest iPO ever?
If only 5% of Jio is also sold, then this IPO can raise Rs 58,000-67,500 crore. Which will be bigger than the largest IPO of India so far. Earlier, Hyundai Motor India (2024) set a record by bringing an IPO of about Rs 27,870 crore.
In the AGM, Ambani also indicated that Jio is now planning to carry its technology and services not only India but around the world. This means that the possibilities of global expansion and premium valuation have also been revealed for Jio.