Reliance Jio Pre-Roadshow Targets $148 Billion Valuation Ahead Of Mega Listing

Reliance Industries’ digital subsidiary Jio Platforms has initiated pre-roadshow discussions with global institutional investors for its upcoming IPO, aiming for a valuation near $148 billion. Market analysts expect the offering in early 2026 pending SEBI clearance and market conditions. Funds raised will accelerate 5G deployment, fiber rollout, and integration of Jio Finance and Jio Retail ecosystems. Investment banks have begun preliminary valuation benchmarking against global telecom peers. If executed, the issue could become India’s largest equity offering, redefining sector valuations and attracting significant foreign capital inflows.