Jio IPO News: Mukesh Ambani is preparing to list Jio Platforms. In a statement issued on Friday (April 24, 2026), Reliance Industries Limited Chairman Mukesh Ambani has dropped hints that the Jio listing could take place very soon.
He said that the process to list Jio Platforms shares is progressing well. Jio IPO is touted to be India's largest IPO ever.
Jio IPO News: Mukesh Ambani's Statement
"I am happy to note that we are advancing steadily towards the listing of Jio Platforms. This will mark a defining milestone in its journey," Mukesh Ambani said in an earnings release.
Earlier in 2025, at RIL's AGM, Mukesh Ambani had said that Jio would list in the first half of 2026.
Jio IPO News: DRHP Filing
According to a Bloomberg report, Jio Platforms may file draft papers or IPO papers with SEBI in early May.
Jio Platforms Limited is a subsidiary of Reliance Industries Limited (RIL) -- India's most valuable listed company. Jio Platforms provides digital services across India, including telecom services.
In Q4FY26, Jio Platforms reported a net profit of Rs 7,935 crore, up by 13 per cent YoY. The company had earned a profit of Rs 7,022 crore in Q4 of FY25.
Jio Platforms said that its revenue from operations in Q4FY26 grew by 12.5 per cent YoY to Rs 38,259 crore. Its revenue stood at Rs 39,853 crore in Q4FY25.
The average revenue per user (ARPU) of Jio Platforms, which houses telecom business Reliance Jio, increased to Rs 214, 3.8 per cent YoY, in Q4. Jio's ARPU was Rs 206.2 in Q4FY25.
