Reliance Jio IPO

About Reliance Jio

If there was one listing the Indian capital markets were eagerly awaiting, it was Jio. The company has filed for an IPO with a fresh issue, meaning the funds raised will go to Jio itself rather than existing shareholders. Jio’s 2016 launch with virtually free data and calls transformed India’s digital economy. Data prices fell from about ₹225 per GB to roughly ₹10, helping fuel the rise of platforms like YouTube, Substack, and countless internet businesses. Alongside UPI’s growth from near zero to 228 billion transactions in 2025, India’s digital adoption surged: demat accounts rose from 3 crore to over 20 crore, online shoppers tripled, and monthly data consumption per person jumped from less than 0.2 GB to over 42 GB. Read more.