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Business
Reliance Jio Secures $25 Billion in IPO Bids from Top Investors
✍️ Reuters
🗓 20 Oct 2026, 10:46 AM
👁 14
Reliance Jio has attracted marquee investors to its IPO anchor book, with bids reaching a record $25 billion, according to Reuters.
Reliance Jio’s upcoming initial public offering has drawn a strong anchor book from leading institutional investors, with total bids hitting $25 billion.
The record‑high demand reflects confidence in Jio’s telecom and digital services portfolio, as well as the backing of the company’s parent, Reliance Industries.
Analysts say the valuation could place Jio among the most valuable Indian telecom operators, potentially reshaping the sector’s competitive landscape.
The company plans to list the shares on the Bombay Stock Exchange and National Stock Exchange later this year, with the exact pricing to be finalized after the final book closure.
The record‑high demand reflects confidence in Jio’s telecom and digital services portfolio, as well as the backing of the company’s parent, Reliance Industries.
Analysts say the valuation could place Jio among the most valuable Indian telecom operators, potentially reshaping the sector’s competitive landscape.
The company plans to list the shares on the Bombay Stock Exchange and National Stock Exchange later this year, with the exact pricing to be finalized after the final book closure.