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Mukesh Ambani made the biggest announcement till date, Reliance’s mega-IPO is coming on this day, all records are going to be broken.

In the Annual General Meeting (RIL AGM) of Reliance Industries, Chairman Mukesh Ambani finally made the explosive announcement for which the stock market and the investors of the country and the world were eagerly waiting for a long time. Ambani said that the company’s board has given the green signal to the Draft Red Herring Prospectus (DRHP) for the much-awaited IPO of Jio Platforms. The biggest thing is that it will also be filed with the market regulator SEBI today itself. With this historic step, the most talked about and biggest IPO in India’s corporate history is now fast moving towards becoming a reality.
Market experts and market analysts clearly believe that this proposed IPO of Jio is going to create history as the country’s largest public issue so far. It is expected that this mega IPO will leave far behind the old records of NSE’s proposed IPO of around Rs 30,000 crore and Hyundai Motor India’s Rs 27,870 crore IPO. Under this new proposal, up to 27 crore new fresh shares with face value of Rs 10 will be issued in the market.
Company’s full focus on fresh issue, not offer for sale, know what is the game plan
In its initial plan, Reliance Industries had considered the offer-for-sale (OFS) model, under which old promoters sell their stake. But later the company changed its strategy and chose the path of ‘fresh issue’. The biggest advantage of this decision of Reliance will be that the entire amount of billions of rupees to be raised from the IPO will go directly into the coffers of Jio. The company will use this fund to expand its business, adopt new technologies like 5G-6G and further improve digital services. Will do.
This also gives a very positive and strong message to the common investors that the company wants to move forward by raising new capital, and is not giving any shortcut to its existing investors to exit. From the stage of AGM, Mukesh Ambani proudly said that this listing of Jio will show the whole world that India is now fully capable of creating world class technology companies on a global scale. He emotionally said that the relationship between Reliance and its millions of shareholders is not based only on money, but on unwavering trust and respect and the future of Jio is very bright.
Strong earnings and strong performance won the hearts of investors
This mega IPO of Jio is coming at a golden time when the company’s business is making new records every quarter. If we look at the results of the March quarter of the recent financial year 2025-26, the operating revenue of the company has increased at an impressive pace of 13 percent to the level of Rs 44,928 crore.
Similarly, the net profit of the company has also been recorded at Rs 7,935 crore with a strong increase of 13 percent. Not only this, the company’s EBITDA has seen a huge growth of 18 percent and the operating margin has also become stronger than ever. The average revenue per user (ARPU) has increased to Rs 214 due to the recent tariff increase and better quality customer additions. Data consumption per customer has been recorded at 42.3 GB per month, while the total data traffic has seen a bumper jump of about 35 percent on an annual basis.
Impenetrable fortress of more than 50 crore customers and trust of global investors
Reliance Jio currently has a network of more than 50 crore active subscribers. It has a very strong and huge base, which puts it among the largest telecom companies in the world. The company is currently aggressively expanding its high-speed 5G network, broadband services, enterprise connectivity, advanced cloud services and a variety of digital platforms across the country.
Let us remind you that during the year 2020, the world’s largest global investors like Google, Meta, KKR, Silver Lake and Saudi Arabia’s Public Investment Fund (PIF) had invested huge amounts of money in Jio Platforms. Due to this bumper global investment, Reliance Industries was greatly helped in becoming completely ‘net debt-free’ (debt-free) ahead of time and a strong foundation was laid for the next growth phase of the company. Now all the market leaders and retail investors are eyeing the final approval from SEBI and the official launch timeline of the IPO. Dalal Street has full hope that this listing of Jio will prove to be a milestone in the history of the Indian stock market, which will not be possible to break for years.
Disclaimer: This article is for general information only and should not in any way be considered as investment advice in the stock market. Always consult your certified financial advisors before taking any investment or financial decision related to your money.