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Jio Platforms' ₹30,213 Crore IPO: Record Rush, Global Investors and Big Expectations

Jio Platforms' ₹30,213 Crore IPO: Record Rush, Global Investors and Big Expectations

Business Today
Business Today
  • New Delhi,
  • Oct 26, 2026,
  • Updated Oct 26, 2026, 2:08 PM IST

History is being rewritten on Dalal Street. Reliance’s Jio Platforms has officially shattered records with India’s largest-ever IPO of ₹30,213 crore - fully subscribed in a mind-blowing 100 minutes. As Jio lists on October 28th, it marks a monumental wealth shift: the Reliance Group is set to officially overtake the Tata Group as India’s most valuable business house. Under the leadership of Akash Ambani, Jio is evolving from a telecom behemoth into an AI, cloud, and digital services powerhouse, retaining backing from global giants like Meta and Google. Half a century after Dhirubhai Ambani sparked India's retail equity revolution, the Ambani family's next generation is taking that historic legacy digital. Will this mega-listing reshape the Indian economy?