Tue Nov 05 02:37:34 UTC 2024: ## Reliance Jio IPO Expected in 2025, Could be India’s Biggest Ever
**Mumbai, India:** Investors are eagerly anticipating the Initial Public Offering (IPO) of Reliance Jio Infocomm, the telecom giant owned by India’s richest man, Mukesh Ambani. Sources suggest that the IPO could come as early as 2025, potentially becoming the largest IPO in Indian history.
Reliance Jio, with a market valuation estimated around ₹8.4 lakh crore (USD 100 billion), boasts a massive subscriber base of 47.9 crore. The company has been a dominant force in the Indian telecom market, competing fiercely with Bharti Airtel.
Ambani first announced his intention to list Jio and Reliance Retail in 2019, and investors have been waiting with bated breath. The IPO could take two forms: a spin-off of Jio from Reliance Industries followed by a share listing, or an offer-for-sale where existing shareholders sell a portion of their stake.
While the IPO is expected in 2025, Reliance Retail Ventures Ltd’s (RRVL) IPO is anticipated to follow sometime later, likely in 2026. RRVL’s listing is expected to occur after addressing certain operational issues.
The upcoming IPOs are expected to be a major boost to the Indian stock market and create significant investment opportunities for retail and institutional investors alike.
First Piper 