US EditionAmbani's Reliance Jio delays India IPO, 2025 listing not on cards: Reuters
INDIA, JUL 9 – Reliance Jio aims to boost revenues and subscriber base before IPO, currently valued over $100 billion, with no expected listing before 2027 or 2028, sources said.
- Reliance Jio Platforms, under the leadership of Mukesh Ambani, has postponed its intended IPO in India originally expected to occur in 2025.
- The IPO delay results from the company wanting the business to mature further amid operational challenges like lower earnings per square foot.
- Jio’s latest annual revenue reached $17.6 billion, with nearly 80% coming from its telecom arm Reliance Jio Infocomm, India’s largest player with over 488 million subscribers.
- A source mentioned that Jio’s IPO valuation target was well beyond $100 billion and noted that investors remain patient despite delays, confident that substantial returns are forthcoming.
- The IPO is now unlikely before 2027 or 2028, suggesting Reliance is focusing on growing revenue, subscriber base, and expanding digital services amid rising competition from Elon Musk’s Starlink in India.
Insights by Ground AI
Does this summary seem wrong?
22 Articles
22 Articles
Jio IPO hits a roadblock: RIL says listing unlikely this year
Reliance Jio IPO delay, Jio Platforms IPO 2025, Reliance Industries news, Jio valuation, Mukesh Ambani IPO plans, Jio telecom growth, Reliance Retail IPO delay, Starlink India launch, Jio Nvidia AI partnership, India IPO market 2025
·Uttar Pradesh, India
Read Full Article
Ambani's Reliance Jio delays India IPO, 2025 listing not on cards, sources say
Indian telecom and digital giant Reliance Jio Platforms, led by billionaire Mukesh Ambani, has decided not to launch its IPO this year as planned, delaying one of the country's most anticipated stock offerings, two people familiar with the matter said.
·United Kingdom
Read Full ArticleCoverage Details
Total News Sources22
Leaning Left1Leaning Right5Center3Last UpdatedBias Distribution56% Right
Bias Distribution
- 56% of the sources lean Right
56% Right
11%
C 33%
R 56%
Factuality
To view factuality data please Upgrade to Premium
