Reliance Jio IPO planned for H1 2026, over 500 million customers

Reliance Industries Chairman Mukesh Ambani told shareholders on Friday that Reliance Jio is preparing to file for an initial public offering and is aiming to list by the first half of 2026, a centerpiece announcement at the companys 48th annual general meeting held by video conference on August 29. Ambani also said the Jio family has crossed 500 million customers and unveiled products and technology ambitions that executives said will accelerate Jios domestic and international growth as well as Reliances broader shift toward artificial intelligence and green energy.

Speaking to an audience of about 4.4 million shareholders via livestream, Ambani said, "Today, it is my proud privilege to announce that Jio is making all arrangements to file for its IPO. We are aiming to list Jio by the first half of 2026, subject to all necessary approvals." He framed the move as a step to unlock shareholder value and to provide investors with an exit route, adding that the listing would demonstrate Jios ability to create value on par with global peers.

Akash Ambani, chairman of Reliance Jio Infocomm, outlined product and international expansion plans, including JioPC, a cloud powered device that...