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Reliance Jio explores mega-listing targeting ₹9.3 trillion valuation in 2025

Reliance Jio is preparing a 2025 IPO targeting a ₹9.
Reliance Jio is progressing toward a 2025 IPO that could value the telecom major near ₹9.3 trillion, supported by FY25 EBITDA of ₹1.2 lakh crore, up 15% year-on-year. Listing proceeds may reach ₹1–2 lakh crore through partial stake dilution aimed at funding enterprise and 5G expansion. Market watchers consider it one of India’s largest potential offerings.