Reliance Jio chairman Akash Ambani says the proposed company IPO is a “biggest move” and marks the start of a longer growth journey, with increased responsibility toward shareholders. Speaking at India Mobile Congress 2026, Ambani frames the listing not as an end point but as the beginning of a new phase focused on sustained growth and shareholder value.
Multiple outlets report that Jio’s public offering is expected to open for subscription in the second half of this month, with specific timing discussed as a possible window later in October. One report cites an anticipated subscription period from October 21 to October 23, an anchor investor book opening on October 19, and a potential listing date around October 28, though dates are described as tentative.
Ambani also emphasizes affordability as a continuing priority for Jio’s services, while describing a broader strategy beyond telecom connectivity. Coverage highlights Jio’s wide network reach, reported as covering around 99% of India’s population, and points to areas such as digital platforms, technology solutions, artificial intelligence, and satellite-related opportunities. Bharti Airtel chairman Sunil Bharti Mittal is also reported to have welcomed the upcoming IPO.
