Reliance Jio IPO Delayed: Mukesh Ambani’s Jio Platforms Postpones India’s Most Anticipated IPO

Reliance Jio IPO Delayed: Mukesh Ambani’s Jio Platforms Postpones India’s Most Anticipated IPO

Reliance Jio Platforms IPO was supposed to be the biggest IPO in Indian history and the Indian stock market was waiting to see it. However, in a sweeping change, Reliance Jio headed by Mukesh Ambani had opted to postpone its Initial Public Offering (IPO) with the listing ambitions being planned after 2025.

This is all you need to know about the Reliance Jio IPO delay, including its valuation, reasons of the postponement and its implications on Indian IPO market.

The Reason Why Reliance Jio IPO Would Be Late Until 2025

In spite of the previous presuppositions of the Jio Platforms IPO planned in 2025 on BSE and NSE, the sources related to the issue confirmed that Reliance Jio does not introduce its IPO this year.

The key reasons why Reliance Jio IPO will be delayed:

  • Valuation Action Plan: Jio is aiming at valuation that is reckoned to be well over a hundred billion dollars. The management has a target of buttressing the revenue earned in both telecom and digital divisions ahead of the IPO.
  • Maturity of base of subscribers: Jio has subscribers totalling to over 488 million, and this number is designed to increase as the company targets market expansion and addresses the issue of churning occasioned by tariff increases in recent times.
  • Growth of Digital businesses: Jio has been gaining scale beyond telecom to AI infrastructure, connected devices, apps, and solutions, among others.
  • Market conditions: In view of unstable global moods over trade wars and tension in the Middle East, it can also be looked at in terms of timing the market to yield a good valuation.

As per two sources familiar with the strategy, Reliance Jio Platforms has not yet appointed investment bankers for the IPO process, confirming that the listing is not imminent.

Jio IPO Valuation: How Big Is It Expected To Be?

  • Analyst Valuations Range:
    • Jefferies: $136 billion
    • IIFL Capital (Revised Estimate): $111 billion
  • Investor Expectations: Above $100 billion IPO valuation
  • Past Fundraising: Reliance Jio has raised $25 billion from marquee investors like:
    • Google
    • Meta
    • KKR
    • Abu Dhabi Investment Authority
    • General Atlantic
    • Silver Lake

These investments reaffirm Jio’s position as one of the world’s largest private digital platforms.

Reliance Jio does not rush to go public as the company rivals with Elon Musk and Starlink India launch.

The articles on Reliance Jio and Starlink will have the following highlights:

  • Jio Platforms: Specializing in inexpensive telecommunicating services + AI solutions
  • Starlink India: Planned launch at the end of 2025, satellite broadband

Jio is also actively partnering with AI, with the most significant deal so far being an AI joint venture with Nvidia to create Indian AI infrastructure.

What of Reliance Retail IPO?

Like Jio, the IPO plans of the Reliance Retail are also deferred.

  • Time frame: Not prior to 2027-2028
  • Reason: Responding to the issues in operation and streamlining the largest supermarket network of India with 3000 plus grocery outlets.

Reliance Retail together with Jio is a huge income generator for Reliance Industries Limited (RIL) which has been experiencing margin pressures in its conventional energy business.

The Repercussions to Indian IPO Market of 2025

After achieving the best performance in 2024, raising a total of $20.5 billion through IPO in India, the delay in Reliance Jio will make the country wait a little longer to budget what will be the largest initial public offering ever.

IPO Ranking in India (2025 H1):

  • A total amount of 5.86 billion raised by June 2025
  • 12 per cent of worldwide IPO windfall

India has been declared as the second-largest IPO market following the United States even in the uncertainties persisting in the world.

Investor Sentiment- Is It A Negative Indicator?

Surprisingly, the shareholders of Reliance Jio are resilient and hopeful.

 A source close to Reliance said:

“The investors are not upset. They know the money is sitting in front of them.”

The effect of the reliance share price:

  • The shares of RIL went down up to 1.8 percent (about 6 billion worth in Mumbai markets) after the report on IPO delay.
  • It ended up with a decrease of 1.2% in it, changing the wider commodities.

If you’re an investor tracking India’s IPO ecosystem, Reliance Jio IPO is still on the cards—just not in 2025. Ambani’s strategy focuses on creating long-term value over rushing into the public markets.

At IPOji.com, we recommend:

  • Keeping an eye on SEBI IPO updates and official Reliance announcements.
  • Watching Reliance’s quarterly earnings for signals on IPO readiness.
  • Following competitor movements like Starlink India launch.

For verified updates on Reliance Jio IPO news, India’s biggest IPO announcements, and exclusive insights into the Indian stock market, follow IPOji.com.

We cover:

FAQs – Reliance Jio IPO Latest Update July 2025

Q1: Is Reliance Jio IPO happening in 2025?

No. As per the latest updates, Reliance Jio Platforms IPO is delayed beyond 2025.

Q2: What is the expected valuation of Jio IPO?

Analysts estimate it between $111 billion to $136 billion, targeting above $100 billion officially.

Q3: Why is Jio delaying its IPO?

To achieve higher revenue, expand its subscriber base, grow digital businesses, and ensure favorable market conditions.

Q4: When is Reliance Retail IPO expected?

Reliance Retail IPO is unlikely before 2027 or 2028.

Q5: Who are the major investors in Reliance Jio?

Google, Meta, KKR, Abu Dhabi Investment Authority, General Atlantic, Silver Lake.

Read more