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, led by Mukesh Ambani, decided not to launch its widely anticipated IPO in 2025 as planned.
- The company postponed the IPO due to operational challenges and a desire to make the business more mature before listing, with no bankers appointed yet.
- Jio Platforms generated $17.6 billion in annual revenue, with nearly 80% attributable to its telecommunications division, Jio Infocomm, which serves over 488 million subscribers.
- The company’s valuation was described as "easily above $100 billion," with analysts' estimates ranging up to $136 billion, and investors reportedly remain unbothered by the delay.
- Jio's public listing is now anticipated to take place no earlier than 2027 or 2028, while India’s IPO market achieved a record $20.5 billion in fundraising during 2024, with global IPO proceeds reaching $5.86 billion by mid-2025, representing 12% of the worldwide total.
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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
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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
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Leaning Left1Leaning Right5Center3Last UpdatedBias Distribution56% Right
Bias Distribution
- 56% of the sources lean Right
56% Right
11%
C 33%
R 56%
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