Jio IPO: Mukesh Ambani's Big ₹30,213 Crore Bet, Reliance Employees Asked To Invest?
- Updated Oct 16, 2026 8:41 PM IST
Mukesh Ambani's Reliance Group is gearing up for what could become India's biggest-ever IPO, with Jio Platforms targeting a massive ₹30,213 crore fundraising at a price band of ₹1,065–₹1,119 per share. According to Bloomberg, Reliance has reportedly encouraged employees across its 4.2 lakh-strong workforce to consider investing in the Jio IPO. October salaries were also reportedly credited nearly 15 days early, raising questions about the group's strategy ahead of the public issue. With anchor investor participation scheduled for October 19 and public subscriptions opening October 21, attention is turning to Akash Ambani and Isha Ambani as they outline Jio's digital growth ambitions. Could Jio's listing push Reliance past the Tata Group to become India's largest conglomerate? And is Mukesh Ambani following Dhirubhai Ambani's historic 1977 playbook of bringing ordinary Indians into the stock market? Watch this BTTV report for the full story.
