Jio Targets $108.3 Billion Valuation in India’s Biggest-Ever IPO

Reliance Industries-backed Jio Platforms is targeting a valuation of up to $108.3 billion through an initial public offering (IPO) that could raise $3.2 billion, making it India’s largest-ever IPO. Jio vs Airtel June 2026 The offering will open on October 21 and close on October 23, with anchor investor bidding scheduled for October 19. Jio plans to issue 270 million new shares at ₹1,065–₹1,119 apiece.