Reliance Jio readies ₹30,188 crore IPO, News18 says

Reliance Jio is preparing a ₹30,188 crore initial public offering, a first sale of shares to public investors, News18 said in a video page updated Oct. 15.

The planned sale would put one of India’s largest digital connectivity businesses before public investors, with News18 citing around 53 crore customers. For scale, the reported IPO size is about 57% of the ₹52,878 crore IDBI stake sale approved for Fairfax, according to Atlas360 calculations based on figures reported Oct. 15.

The report framed Jio’s growth as a move from a mobile-services challenger into a large digital access platform. It said the company had helped expand mobile and internet access across India.

News18 said Uday Kotak, identified as founder and director, described the milestone as extending beyond size and the path Jio followed. The supplied excerpt did not include a direct quotation from Kotak.

The video page also linked Jio’s expansion to the leadership of Akash Ambani and Isha Ambani, saying the company had brought connectivity to millions of people. Those statements were presented by News18 as context for the IPO.

Several details investors would need were not included in the video text. The excerpt did not give a filing date, exchange venue, valuation, offer structure, use of proceeds or regulatory status.

A linked News18 headline elsewhere on the same page referred to a ₹30,213 crore raise and a ₹1,065-₹1,119 price band, meaning a range at which shares are offered. The video text did not resolve the difference with its ₹30,188 crore figure.

Source: video page, News18, Oct. 15, 2026