Reliance Jio, the telecom powerhouse of Reliance Industries, is gearing up for a massive IPO in 2025, possibly India’s largest ever!
With an anticipated valuation over $100 billion, Jio’s IPO could surpass Hyundai Motor India's historic listing.
Mukesh Ambani hinted at a Jio IPO as early as 2019, planning a Mumbai listing for Reliance Jio and Retail.
Q2 FY25 saw Jio’s net profit soar by 23.1% year-on-year, reaching ₹6,231 crore, and revenue hit ₹28,338 crore.
Jio’s average revenue per user (ARPU) rose to ₹195.1 in Q2 FY25, benefiting from a solid subscriber mix and tariff adjustments.
Jio's subscribers dipped slightly to 478.8 million due to SIM consolidation, but growth is expected to stabilize.
Reliance Retail’s IPO will follow Jio's, likely after 2025, once key operational challenges are resolved.
Reliance Jio’s IPO is set to make waves in 2025, marking a significant moment in India’s telecom and stock markets!