Mukesh Ambani said to be finalising mammoth Rs 40,000 crore IPO of Reliance Jio: Report

Billionaire Mukesh Ambani is preparing for Reliance Jio’s IPO, expected to raise Rs 35,000-40,000 crore, marking one of the largest IPOs in Indian history. Valued at $120 billion, the IPO is set for the second half of 2025. It will include both existing and new shares, along with a pre-IPO placement for select investors. Official confirmation is pending.