Archive · 2 Sep 2025
Jio IPO: Potential to be India's Largest, Valued at $135 Billion
Reliance Jio, the telecom giant, plans to launch an IPO (stock market launch) in the first half of 2026, which could be India's biggest ever.
Brokerages estimate Jio's value at billions of dollars.
The IPO is expected to be worth Rs 30,000 crore, allowing investors to sell their shares.
Jio is owned by Reliance Industries, which holds the majority stake.
While the IPO could unlock value, some experts worry about a possible 'holding company discount,' where Reliance shares may not directly reflect Jio's full value.
However, with recent Sebi changes, concerns are limited, along with the expectations of further tariff increases in the future.
Reliance Jio is planning an IPO in the first half of 2026.
The IPO could be the largest in India, potentially raising Rs 30,000 crore.
Motilal Oswal values Jio Platforms at $135 billion.
RIL holds 67.03% of Jio Platforms, and the IPO will provide an exit for many investors.
Brokerages discuss the impact of a potential 'holding company discount' on RIL's valuation.
- Who
- Reliance Jio, Brokerages (Motilal Oswal, Morgan Stanley, Citi, BofA)
- What
- Reliance Jio's potential IPO and its valuation
- When
- Announced for H1CY26
- Where
- India
- Why
- To unlock value and provide an exit for investors.
Potential for Value Unlocking
Potential for Holding Company Discount
Impact of IPO
Potential for Value Unlocking
Jio's IPO could lead to value unlocking, providing higher valuations for the company.
Potential for Holding Company Discount
RIL shareholders may not benefit hugely from the Jio listing, due to a hold-co valuation discount.
- Jio Platforms Valuation (MOSL)
- $135 billion
- Jio Platforms Enterprise Value (MOSL)
- $151 billion
- Reliance Stake in JPL (MOSL)
- $90 billion
- Jio Platforms IPO Size (Potential)
- Rs 30,000 crore
- Reliance Jio Stake in JPL
- 67.03%
- Expected IPO Timeline
- H1CY26
Sources
Vodafone Idea, Bharti Airtel: Reliance Jio listing prospects up tariff hike bets
Reliance Industries stock extends losses post AGM but brokerages stay bullish, see up to 29% upside potential
Can Reliance shares surge 25% in 1 year? From Jio IPO to new energy, 3 forces fueling optimism - Market News
RIL shares fall 0.43% as investors weigh Meta AI partnership against delayed Jio IPO timeline
RIL Share Price Dips 1% Post 48th AGM, Jio IPO Set For 2026
Jio Platforms IPO could see another tariff war—to hike telecom prices
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Jio's Rs 30,000 Cr IPO: India's Largest
