Business

Jio IPO Timeline 2026: SEBI Nod, Size and Jio's 10-Year Journey

Jio Platforms received SEBI's observation letter for its proposed IPO on 28 August 2026, a procedural clearance that lets the listing process move forward. The…

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INFOTEL ACQUISITION

Reliance acquires control of Infotel Broadband Services

Infotel Broadband Services was the only company to win pan-India broadband wireless access spectrum in India's June 2010 auction. Days later, Reliance Industries acquire…

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COMMERCIAL LAUNCH

Reliance Jio launches commercial 4G services

On 5 September 2016 Jio opened its 4G network with free voice calls and a long free-data promotion, then very low tariffs. Its entry put severe pricing pressure on incum…

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JIO PLATFORMS CREATED

Reliance forms Jio Platforms as the digital holding company

Reliance placed the telecom operator Reliance Jio Infocomm and its consumer apps under a new holding company, Jio Platforms Limited. This separated the capital-heavy net…

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GLOBAL INVESTORS

Meta, Google and global funds buy minority stakes

Between April and July 2020, Reliance sold roughly a third of Jio Platforms to 13 investors including Facebook, Google, Silver Lake, KKR, Vista, General Atlantic, Mubada…

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5G ROLLOUT

Jio buys 5G spectrum and deploys standalone 5G

Jio bought a large block of 5G spectrum in India's 2022 auction and rolled out a standalone 5G network nationwide over the following two years, faster than domestic riva…

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BEYOND CONNECTIVITY

Tariff repair lifts ARPU; JioAirFiber and enterprise scale

After years of very low pricing, Jio and its rivals raised prepaid tariffs in 2024, lifting average revenue per user to about 210 rupees by the March 2026 quarter. JioAi…

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DRHP FILED

Jio Platforms files its draft IPO documents with SEBI

Jio Platforms filed its draft red herring prospectus for a fresh issue of up to 27 crore equity shares of face value 10 rupees, book-built, with no offer for sale. Up to…

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SEBI CLEARANCE

SEBI issues its observation letter on the DRHP

SEBI completed its review of the DRHP and issued observations, the clearance a company needs before opening an IPO. Reliance Industries disclosed it to the stock exchang…

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PRICE BAND, IPO, LISTING

Updated offer document, price band, then open, close, allotment and listing

Still pending: the updated or final offer document, the price band, the anchor-investor book, then the public subscription window, allotment, refunds or unblocking, dema…

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