Reliance Jio, the telecom arm of Reliance Industries Limited is planning to launch an IPO. According to the sources, the process has begun. According to the newspaper report, the billionaire Mukesh Ambani who is the chairman of Reliance Industries Limited is preparing to launch an IPO by raising funds between ₹35,000 to ₹40,000 crore. They are planning to list on the stock exchange after the second term of the year of 2025. If they successfully decide to launch this IPO with the decided amount, this will be the largest IPO in the history of India. The company is already in talks with investors for pre-IPO placement.
Till now, Hyundai Motors IPO was one of the largest IPO in the past year. In October 2024, the company had launched an IPO worth ₹27,870 crore. After that, in 2022, the Life Insurance Corporation in India launched an IPO worth ₹21,000 crores being the second largest company to raise an incredible amount after Hyundai Motors.
As of now, Jio is one of the largest companies with over 46 crore customers. For over five years Reliance has invested around ₹26,000 crore for Industries telecom, internet, and digital businesses. Reliance Jio is one of the leading telecommunication companies in India. As of October end, the company has 47 crores of wireless customer base. Last year in June, due to the rise of tariffs, in the quarter of September, they saw an increment in its profit.
Reliance Jio’s net profit has increased by 14% annually achieving ₹6,231 crore in the second quarter of the financial year 24-2025. In the past year of the second quarter, the profit increased by ₹5,445 crore. Annually, the company’s revenue rose by 7% achieving ₹28,338 crore. In the last year of July-September, the revenue generated was ₹26,478 crore.
Jio’s EBITDA has increased by 8% annually, achieving ₹15,036 crores, while before it was ₹13,920 crore with the margin decided by 53.1%. (ARPU) Average Revenue Per User has increased to ₹195.10 after the increment in recharge prices in July. Before this, it had stayed unchanged at ₹181.7 for three straight times. On October 14 of last month, the business released its Q2FY25 results.
In 2023, the Reliance Financial Services business was listed. Earlier in July 2023, Reliance Financial Services was separated from its parent company, Reliance Industries Limited (RII). Following the separation, the Jio Financial share price under the price discovery mechanism was decided at ₹261.85 rupees.
After this, on 21 October, the company’s shares were listed on the Bombay Stock Exchange (BSE) at ₹265. Additionally, the shares were listed on the National Stock Exchange (NSE) at ₹262 respectively. However, over the past year, the shares listed on NSE and BSE have provided a good return achieving ₹304.
