Reliance Jio Files RHP, Announces IPO Dates for October 21-23, 2026
· Business · Economic Times, LiveMint
Reliance Jio has filed its red herring prospectus with the registrar of companies, announcing an IPO scheduled for October 21 to October 23, 2026. The public offer comprises 27 crore fresh shares, making it India’s biggest public issue to date. Up to Rs 2,500 crore worth of shares are reserved for Reliance Industries shareholders and up to Rs 500 crore for eligible employees. The proceeds will primarily be used to repay borrowings, with analysts estimating a valuation of around Rs 10.3 lakh crore.
Why it matters
The Jio IPO is expected to be one of the largest in Indian history, significantly impacting the telecom and digital sectors while offering existing Reliance Industries shareholders a direct route to monetize their holdings. Its success could influence market sentiment, retail investor participation, and valuations of peer companies like Bharti Airtel.
Read the original report — Economic Times
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