Reliance Jio IPO
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Reliance Jio, introduced in 2016, reshaped India’s digital landscape by delivering affordable, cutting-edge digital technologies to millions. Today, Jio stands as India’s largest telecom provider and ranks as the second-largest single-country operator globally. With a wide range of services, including connectivity, fibre, mobile devices, digital apps, and enterprise solutions, Jio is at the forefront of shaping India’s digital ecosystem.
Price Band
TBA
Issue Size
₹25,000 Cr
Issue Type
Mainboard
Face Value
₹1
Listing At
BSE, NSE
GMP Today
Not available
Est. Listing
TBA
Open Date
TBA
Listing Date
TBA
Lead Managers: Morgan Stanley, HSBC Holdings, JP Morgan, Citigroup, Goldman Sachs, Kotak Mahindra Capital, Axis Capital, JM Financial, SBI Capital Markets
Reliance Jio IPO Details
| Field | Value |
|---|---|
| Company | Reliance Jio Infocomm Limited |
| IPO Name | Reliance Jio IPO |
| Fresh Issue | ₹25,000 Cr |
| Offer for Sale | ₹0 Cr |
| Market Maker | ₹0 Cr |
| Total Issue Shares | - |
| Fresh Issue Shares | - |
| OFS Shares | - |
| Pre-Issue Promoter Holding | 66.67% |
| Post-Issue Promoter Holding | - |
Reliance Jio IPO Dates
IPO dates will be announced in the Red Herring Prospectus (RHP). Below is the expected schedule once declared.
| Field | Value |
|---|---|
| IPO Open Date | TBA |
| IPO Close Date | TBA |
| Allotment Date | TBA |
| Refund Date | TBA |
| Share Credit Date | TBA |
| Listing Date | TBA |
Reliance Jio IPO GMP Today
| Date | GMP (₹) | Gain (%) |
|---|---|---|
| 7 Jun 2026 | ₹0 | 0% |
GMP is unofficial grey market data. Expected listing price may differ from the actual listing price.
IPO Reservation
| Category | Reservation | Shares Offered |
|---|---|---|
| QIB | 50% | - |
| RETAIL | 35% | - |
| NII | 15% | - |
| EMPLOYEE | Yes, Small Quota | - |
| SHAREHOLDER | Most Likely (Reliance Industries) | - |
Promoters
- •Reliance Industries Limited
- •Mukesh Ambani
- •Akash M. Ambani
Financial Performance (₹ Cr)
| Metric (₹ Cr) | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Assets | - | - | - | - |
| Revenue | 1,28,871 | 1,14,141 | 1,00,891 | 91,373 |
| Profit After Tax | 28,173 | 24,795 | - | - |
| Net Worth | - | - | - | - |
Key Financial Ratios
| Field | Value |
|---|---|
| ROE | - |
| ROCE | 13.1% |
| Debt / Equity | - |
| PAT Margin | 17.4% |
| EBITDA Margin | 53.1% |
| EPS (Pre-IPO) | - |
| EPS (Post-IPO) | - |
| P/E (Pre-IPO) | - |
| P/E (Post-IPO) | - |
Objects of the Issue
| # | Description | Amount (₹ Cr) |
|---|---|---|
| 1 | Fund 5G infrastructure | - |
| 2 | Debt repayment and AI/network infrastructure development | - |
IPO Documents
| Field | Value |
|---|---|
| DRHP | - |
| RHP | - |
| Anchor Investor List | - |
IPO Updates
RIL 49th AGM Strategy Guidance Anticipated
4 Jun 2026Market focus shifted to Reliance Industries' upcoming 49th Annual General Meeting scheduled for June 19, where greater clarity on the definitive roadmap and timeline is anticipated.
Leadership Restructuring for Listing Continuity
14 May 2026Jio Platforms strengthened its leadership continuity framework ahead of the IPO by appointing Akash M. Ambani as Managing Director for a five-year term.
IPO Timelines Flagged as Imminent Amid Macro Volatility
29 Apr 2026RIL management confirmed the Jio IPO was imminent during the FY26 earnings call, though CreditSights noted geopolitical tensions in West Asia could push timelines into H2 FY27.
Stake Dilution and Institutional Estimates
26 Mar 2026Reports confirmed minority stakeholders (Meta, Google, KKR, Vista Equity, PIF, ADIA, Mubadala) would partially trim stakes in the IPO, with post-IPO valuation estimates compiled at $133-180 billion.
Securities Contracts (Regulation) Amendment Notification
13 Mar 2026The Government of India issued the Amendment Rules, 2026 via official gazette, allowing mega-cap companies valued above ₹5 lakh crore to list with just a 2.5% public float.
Shift to 100% Fresh Issue Structure
1 Mar 2026Reliance dropped the OFS route entirely and decided to list Jio Platforms through a 100% fresh issue of ₹25,000 crore, ensuring all capital goes directly into Jio's business for debt repayment and AI/network infrastructure.
SEBI Proposes Public Float Relaxation
12 Sept 2025SEBI approved a reduced minimum public float framework at its board meeting, recommending that companies with a post-issue market cap above ₹5 lakh crore may list with just 2.5% dilution.
Formal IPO Roadmap and Arrangement Planning
29 Aug 2025At Reliance Industries' 48th Annual General Meeting, Chairman Mukesh Ambani formally announced that Jio is making all arrangements to file for an IPO, aiming to list by the first half of 2026.
Initial IPO Commitment Plan Announced
12 Aug 2019At Reliance Industries' 42nd AGM, Chairman Mukesh Ambani announced that Jio and Reliance Retail would move towards listing within the next 5 years.
Registrar Details
| Field | Value |
|---|---|
| Registrar | KFin Technologies Limited |
| Phone | - |
| - | |
| Website | - |
Related Pages
How to Check Reliance Jio IPO Allotment Status
Reliance Jio IPO has not opened for subscription yet. Allotment dates will be announced in the RHP. Use the methods below once the IPO closes and results are out.
Option 1: Via IPOwiz App
- Download the IPOwiz App from the Play Store
- Add the PAN numbers you want to check in the PAN section
- Go to the Allotted section and select Reliance Jio IPO
- View the allotment status for the saved PAN numbers
Fastest way to check multiple PANs at once. You can also use the IPOwiz Allotment Checker on the website.
Option 2: Via KFin Technologies Limited Website
- Visit the KFin Technologies Limited Allotment Page
- Select Reliance Jio IPO from the drop-down menu
- Enter your PAN number, application number, or demat account details
- Click Search to view your allotment status
KFin Technologies Limited is the official registrar for this IPO. This is the most direct method to verify your result.
Option 3: Via BSE Website
- Go to the BSE IPO allotment page
- Select Reliance Jio IPO from the list
- Enter your PAN number, application number, or demat account details
- Click Search to check your status
Option 4: Via Demat Account
Log in to your demat or trading account from the share credit date onwards. If shares have been credited, your allotment was successful. Share credit is typically expected a day after allotment.
For a dedicated allotment guide with refund and listing timeline, see the Reliance Jio IPO allotment status page.
What Happens After Allotment?
Once the IPO closes and allotment is finalised, KFin Technologies Limited will publish results on its official portal. Refunds for unsuccessful applications are typically initiated within a few working days.
For listing day updates, follow the IPOwiz Telegram Channel or download the IPOwiz App for alerts.
Reliance Jio IPO FAQs
What does Reliance Jio do?
Reliance Jio is India's largest telecom operator, providing mobile services, broadband, fibre internet, digital applications, enterprise solutions, cloud services, and connected devices.
When is Reliance Jio IPO expected to launch?
Reliance Jio IPO has not announced official IPO dates yet. Market reports and company statements suggest the IPO could be launched after the required regulatory and corporate approvals are completed.
What is the expected issue size of Reliance Jio IPO?
Reliance Jio IPO is expected to raise around ₹25,000 crore through a fresh issue of shares, making it one of the largest IPOs in Indian market history.
What is the expected valuation of Reliance Jio IPO?
Analysts and market reports have estimated Reliance Jio's valuation in the range of $133 billion to $180 billion, though the final valuation will be determined closer to the IPO launch.
What is the price band of Reliance Jio IPO?
The price band for Reliance Jio IPO has not been announced yet. The company is expected to disclose the price band when it files the final offer documents.
What is the Grey Market Premium (GMP) of Reliance Jio IPO today?
Reliance Jio IPO GMP is currently unavailable because the IPO dates and price band have not yet been announced. GMP activity generally begins closer to the IPO opening date.
Who are the promoters of Reliance Jio?
Reliance Jio is promoted by Reliance Industries Limited. Key promoter group members include Mukesh Ambani and Akash M. Ambani.
Is Reliance Jio a profitable company?
Yes. Reliance Jio reported a profit after tax of ₹28,173 crore in FY 2026 compared to ₹24,795 crore in FY 2025, making it one of India's most profitable telecom companies.
What was Reliance Jio's revenue in FY 2026?
Reliance Jio reported revenue of ₹1,28,871 crore in FY 2026, up from ₹1,14,141 crore in FY 2025.
Why is Reliance Jio launching an IPO?
Reliance Jio is expected to use IPO proceeds to support 5G expansion, strengthen network infrastructure, invest in AI and digital technologies, and further scale its telecom and digital services business.
Will Reliance Industries shareholders get a quota in Jio IPO?
Reliance Jio has not announced any shareholder reservation category. Details regarding shareholder benefits or reserved quotas will be known only after the IPO documents are released.
Where will Reliance Jio IPO be listed?
Reliance Jio IPO is expected to be listed on both BSE and NSE.
Reviewed by Falguni Sharma
Falguni Sharma is an IPO research analyst at IPOwiz with 10+ years of experience covering Indian capital markets, mainboard and SME public issues, grey market premium trends, and SEBI filing updates. Issue size, reservation split, financials, and key dates on this page are cross-checked against DRHP/RHP documents and exchange disclosures before publish.