From Dhirubhai’s 1977 IPO to Jio's Mega Launch | Uday Kotak Calls Jio IPO a ‘Moment in History’

Veteran banker Uday Kotak took a nostalgic trip down memory lane at the mega Jio Platforms IPO press conference, recalling the magic of Dhirubhai Ambani's 1977 Reliance Textile IPO at Marine Drive. Fast forward to today, Kotak hailed the ₹30,188 crore Jio public issue as a historic milestone and India's largest ever! He praised Mukesh Ambani’s transformational leadership and commended the next generation, Akash and Isha Ambani, for driving New India's digital revolution. With 53 crore customers, staggering ₹1.46 lakh crore revenue, and a proprietary end-to-end 5G stack, Jio has democratized data accessibility from a scarce commodity to an abundant reality. Watch as Kotak perfectly sums up how this momentous IPO celebrates years of extraordinary vision, execution, and perseverance.