Reliance Jio IPO likely to hit Indian stock market in 2025

Reliance Jio, the telecom arm of Reliance Industries, is set to launch its IPO in 2025, aiming to capitalize on its stable revenue and market leadership. Analysts value Jio at over USD 100 billion. The IPO plans come after Reliance Industries’ Chairman Mukesh Ambani indicated in 2019 that Jio and Reliance Retail would move towards listing within five years. The retail unit’s IPO is expected much later. Reliance believes it has achieved a stable business and revenue stream, becoming India’s No. 1 telecom player. The company did not respond to requests for comment. Jefferies’ July report estimated Jio’s IPO valuation at USD 112 billion. The IPO is part of Reliance’s strategy to leverage India’s booming stock market, where many companies have made significant gains. The listing is expected to add substantial value to Reliance Industries’ share price, reflecting Jio’s market dominance and growth potential.