Reliance Reschedules Jio IPO Plan Amid Market Fluctuations; Preparation for Filing in May 2026
Reliance Reschedules Jio IPO Plan Amid Market Fluctuations; Preparation for Filing in May 2026
Reliance Industries Chairman Mukesh Ambani’s company is now preparing to launch its telecom and digital unit Jio Platforms in the stock market. According to reports, the company is planning to file draft papers for an IPO (Initial Public Offering) in May 2026. If everything goes as per plan, this could be India’s biggest IPO ever.
Initially, the company planned to apply for an IPO by the end of March 2026. For this, the data of the December quarter has to be used. But in between, market volatility increased due to geopolitical tension related to Iran. For this reason, the company decided to extend its timeline. Now, Reliance Industries has decided that it will include data for the entire financial year (FY26) ending March 31, 2026.
Delhi CGST Arrests Company Director Over Fraudulent GST Credit Claims Exceeding Rs 8 Crore
This will give investors a more updated and complete picture of the company, such as the following:
- Newly added subscribers
- Change in revenue per user (ARPU)
This step is being taken to further strengthen the IPO.
The company has already appointed 19 investment banks for this big IPO. Prominent names include:
- Kotak Mahindra Capital
- Morgan Stanley
- Goldman Sachs
Discussions are still going on within the company regarding the structure and right timing of the IPO. However, it is expected that the filing process will proceed only after the release of Reliance Industries’ financial results. At present, the company is in a “silent period”; hence, the possibility of applying for an IPO immediately is considered less.