Reliance shares gained nearly 3% this morning on the news of Jio Platforms’ ₹37,700 crore IPO. Investors expect value to be unlocked. Know what can happen next.
Reliance Share Price Today: Shares of Reliance Industries, one of the country’s largest companies, saw a strong rise on Monday. Investors’ enthusiasm increased after the company’s telecom and technology unit Jio Platforms filed the Draft Red Herring Prospectus (DRHP) for the IPO with SEBI. During trading this morning, Reliance Industries shares jumped by nearly 3% to reach the level of ₹ 1,344.90. Shortly after market opening, the stock was seen trading around ₹1,337.50.
Why did Reliance Share rise?
The biggest reason for the rise in the market is the proposed IPO of Jio Platforms. According to reports, this IPO may raise around ₹37,700 crore, making it one of the largest IPOs in India. Jio Platforms has filed draft papers with SEBI. 27 crore new shares will be issued under IPO. As soon as this news came out, investors started buying Reliance shares.
Mukesh Ambani called Jio IPO a big milestone
Reliance Industries Chairman Mukesh Ambani in the company’s 49th AGM described Jio IPO as the biggest value creation milestone of this year. According to Ambani, the listing of Jio will show the world that India is capable of creating global level technology companies. He said that the IPO process is being led by Akash Ambani, Isha Ambani and Anant Ambani. Mukesh Ambani believes that Jio IPO will unlock huge value for the existing shareholders of Reliance and will also provide attractive opportunities to new investors.
How was the performance of Reliance Share?
The market capital of Reliance Industries has reached around ₹ 18.12 lakh crore. If we look at the recent performance of the stock, there has been a rise of about 2.5% in the last one week, a fall of about 1% in the last one month and a weakness of about 15% so far in the year 2026. Its 52 week high level is ₹1,611.80 and 52 week low level is ₹1,253.20. After the news of Jio IPO, investors are hopeful that a new bullish phase may begin in the stock.
What will happen to the money raised from Jio IPO?
According to the company, the funds raised from the IPO will be used primarily to reduce the outstanding debt of Reliance Jio Infocomm Limited (RJIL) and to meet general corporate needs. This step can further strengthen the balance sheet of the company, whose positive impact can be seen by investors in the long run.
Can there be a big rise in Reliance Share now?
Market experts believe that Jio IPO can prove to be a major value-unlocking event for Reliance Industries. If the IPO gets a strong response from investors, its positive impact can also be seen on Reliance shares. However, investors should also take into account the company’s fundamentals, market conditions and their risk profile instead of taking investment decisions based only on IPO news.
Disclaimer: The information given in this article is for informational purposes only and should not be taken as investment advice. Investing in the stock market is subject to risks. Before investing money in any stock, definitely consult your financial advisor or market expert.