Reliance to float Jio Platforms IPO with fresh issue of up to 27 crore shares
Reliance Industries confirmed the upcoming IPO of subsidiary Jio Platforms will comprise a fresh issue of up to 27 crore equity shares, disclosed on June 19, 2026. The move marks a major capital-raising milestone for the group's digital arm and reshapes the listed-retail-and-digital landscape.
What happened
Reliance Industries announced that the upcoming IPO of subsidiary Jio Platforms will be a fresh issue of up to 27 crore equity shares, disclosed on June 19,
Key facts
- 27 crore equity shares
Why this matters
The Jio Platforms IPO reshapes India's listed digital-and-retail landscape, opening partnership, co-investment, and bolt-on M&A windows around adtech, commerce enablement, and connected-device ecosystems tethered to the Reliance stack.