Ambani’s Jio said to seek about Rs 11 lakh crore valuation in IPO

Oct 6, 2026

Jio Platforms is reportedly seeking a valuation of around Rs 11 lakh crore for its planned IPO, below earlier estimates of up to $170 billion. The telecom and digital services arm of Reliance Industries could launch the issue in the week of October 19 and list before October 30, Bloomberg reported.

Morning Dispatcher

Get all the up-to-date breaking news about politics, business, entertainment, sports, lifestyles, weather, traffic, and local news in a seamless digital environment only in Morning Dispatcher.