Who owns Jio Platforms?

Billionaire holders

1. Mukesh AmbaniOther
   Controlled via RelianceJio Platforms Ltd. (Reliance 67.03%; Meta 9.99%; Google 7.73%). Draft IPO documents filed June 2026, possible ~$4B raise at >$100B market… · Reliance 67.03% · as of Jun 2026

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   Entry

   Jio Platforms Ltd. (Reliance 67.03%; Meta 9.99%; Google 7.73%). Draft IPO documents filed June 2026, possible ~$4B raise at >$100B market cap.

   Role

   Controlled via Reliance; son Akash heads Jio

   Stake

   Reliance 67.03%

   Stake as of

   2026-06

   source ↗

Each row is a sourced entry from that person’s profile. Stakes are as of the date shown, not today.

Recent SEC filings

Jio Platforms has no US ticker in our data, so there are no Form 4 insider trades to show.

Form 4 insider trades post within 2 business days. New to filings? Read Filings 101.

Recent moves

Nov 2, 2026 edition

Mukesh AmbaniIPO / MarketsOtherNSE: JPLAI read · ▲ Record debut

Jio Platforms lists up 21% in India's biggest-ever IPO

The move

Jio Platforms, the Reliance Industries telecom and digital unit run by Mukesh Ambani, began trading on India's NSE and BSE on Oct. 28 after raising about $3.1 billion in India's largest-ever IPO. Shares listed at 1,358 rupees, a premium of more than 21% to the 1,119-rupee issue price, before rising further to list up as much as 25% on the day, giving the company a market value of about 13.05 trillion rupees ($137.1 billion) -- comparable to AT&T's and Verizon's, per LSEG data. Reliance Industries still owns more than 64% of Jio Platforms after the offering.

Why it matters

The listing cements Jio as one of India's most valuable companies and gives Ambani's conglomerate a newly tradable stock to use for future deals and fundraising.

The bear case

Analysts quoted by CNBC said much of the good news is already priced in after the listing-day jump, with the stock trading at roughly 34 times earnings.

What to watch

Jio Platforms' first quarterly results as a public company.

Source · CNBCRead original ↗Report an error

Oct 30, 2026 edition

Mukesh AmbaniIPO / MarketsOtherNSE: JPLAI read · ▲ Record IPO debut

Jio Platforms lists in India's largest-ever IPO

The move

Jio Platforms, the telecom and digital arm of Reliance Industries, began trading on India's NSE and BSE on October 28 after raising ₹30,213 crore in India's largest IPO, subscribed 22.19 times. Shares priced at ₹1,119 opened at ₹1,358, a 21.36% premium, and closed the day at about ₹1,417, up 26.66%. The listing made Jio Platforms India's second most valuable listed company by market value, behind parent Reliance Industries.

Why it matters

Strong demand for the offering reflects investor appetite for Reliance's telecom and digital business, valued separately from its energy and retail operations.

The bear case

First-day pops often fade, and most of the proceeds - about ₹27,500 crore - go toward paying down the telecom unit's debt rather than new growth spending.

What to watch

Jio Platforms' first quarterly results as a standalone listed company.

Source · Inc42Read original ↗Report an error

Oct 28, 2026 edition

Mukesh AmbaniIPO / MarketsOtherNSE, BSEAI read · ▲ Strong debut

Jio Platforms lists at a 21% premium in India's biggest IPO

The move

Jio Platforms, the telecom and digital-services arm of Mukesh Ambani's Reliance Industries, opened at 1,358 rupees a share on the BSE and NSE, 21.36% above its 1,119-rupee issue price. The 30,213-crore-rupee ($3.6 billion) offer, India's largest ever, had been subscribed 22.19 times, with institutional investors bidding for more than 70 times their allotted shares. The listing values Jio Platforms at about 12.5 lakh crore rupees, making it India's second most valuable company and its largest telecom firm.

Why it matters

It is the biggest test yet of Indian retail and institutional appetite for a mega IPO, and it hands Ambani a newly public, separately valued flagship alongside Reliance's other businesses.

The bear case

Foreign institutional investors had been net sellers through October, a headwind some analysts flagged ahead of the debut.

What to watch

How Jio Platforms shares trade in the sessions after the debut, once the opening-day premium is tested by regular trading.

Source · The TribuneRead original ↗Report an error

Oct 26, 2026 edition

Mukesh AmbaniIPO / MarketsOtherPrivateAI read · ▲ Blowout demand

Reliance's Jio Platforms IPO fully booked in minutes

The move

Jio Platforms' ₹30,213 crore (roughly $3.6 billion) IPO opened Oct. 21 at a price band of ₹1,065 to ₹1,119 per share and was fully subscribed within about 100 minutes. Bidding closed Oct. 23, allotment was finalized Oct. 26, and shares are set to list on the BSE and NSE on Oct. 28.

Why it matters

It's India's largest-ever IPO and a major test of investor appetite for Mukesh Ambani's telecom and digital arm.

The bear case

Heavy anchor and retail demand before listing doesn't guarantee a strong debut once the stock actually starts trading.

What to watch

Jio Platforms' Oct. 28 trading debut on the BSE and NSE.

Source · PSU ConnectRead original ↗Report an error

Oct 24, 2026 edition

Mukesh AmbaniIPO / MarketsOtherPrivateAI read · — Record IPO

Reliance's Jio Platforms opens India's biggest-ever IPO

The move

Jio Platforms, the telecom and digital-services arm of Mukesh Ambani's Reliance Industries, opened its initial public offering on Oct. 21 and closed it on Oct. 23. The fresh issue of up to 27 crore shares was reported to carry a price band of roughly 1,065 to 1,119 rupees a share, which could raise around $3.2 billion at the top end.

Why it matters

The listing is India's largest-ever IPO and a major test of investor appetite for the country's telecom and digital-services market, which Ambani has built into one of Reliance's fastest-growing units.

The bear case

The final issue price and demand level were not yet confirmed in public filings at the time of reporting.

What to watch

Jio Platforms' expected listing date on Indian exchanges, reported around Oct. 28.

Source · Outlook BusinessRead original ↗Report an error

Oct 23, 2026 edition

Mukesh AmbaniIPO / MarketsOtherPrivateAI read · ▲ Hot offering

Ambani's Jio Platforms IPO fully subscribed within two hours

The move

Jio Platforms, Reliance Industries' telecom unit, drew enough bids to cover its entire $3.2 billion IPO within two hours of opening on Oct 21, according to BSE exchange data. The offer covers 197.5 million shares priced between 1,065 and 1,119 rupees each; Jio is expected to list on Oct 28.

Why it matters

Strong demand suggests investors are betting on Jio's roughly 533 million subscribers despite a recent public dispute between Ambani and Elon Musk over Starlink's delayed India launch.

The bear case

Reliance's own shares are down 23% this year, and some reports say the IPO's valuation is below earlier expectations.

What to watch

Oct 28, 2026: expected Jio Platforms listing date in Mumbai.

Source · CNBCRead original ↗Report an error

Oct 21, 2026 edition

Mukesh AmbaniIPO / MarketsOtherPrivateAI read · ▲ India's biggest IPO, by a wide margin

Reliance's Jio Platforms opens India's largest-ever IPO

The move

Jio Platforms opened its initial public offering to the public on Oct. 21, with a price band of 1,065 to 1,119 rupees per share. At the top of that band the fresh-issue offering would raise about 30,213 crore rupees (roughly $3.6 billion), which Indian financial press describe as the country's largest-ever IPO by issue size. Subscription closes Oct. 23. Reliance Industries holds more than 66% of Jio Platforms, with a Meta affiliate near 10% and Google holding about 7.7%, according to LSEG data.

Why it matters

A successful listing would give Ambani's Reliance a large new source of capital and a public market valuation for its telecom and digital arm.

The bear case

The final issue price and allotment results won't be known until subscription closes, and Reliance retains firm control regardless of how the public portion prices.

What to watch

Jio Platforms' subscription numbers when the window closes Oct. 23, and its stock-market debut.

Source · Business TodayRead original ↗Report an error

Oct 20, 2026 edition

Mukesh AmbaniIPO / MarketsOtherPrivateAI read · ▲ Big push for demand

Reliance pays staff early ahead of record Jio IPO

The move

Ahead of Jio Platforms' IPO, Reliance paid October salaries to its nearly 420,000 group employees about 15 days early and encouraged them to invest, without saying why, according to a Bloomberg report. The IPO's anchor book opens Oct. 19 and public bidding runs Oct. 21-23, targeting up to 30,200 crore rupees (about $3.2 billion) at a price band of 1,065 to 1,119 rupees a share, valuing Jio at up to 10.3 lakh crore rupees (about $108 billion). Up to 500 crore rupees of shares are set aside for eligible Jio employees at a 5% discount.

Why it matters

It's one of India's largest-ever IPOs, and the early pay and outreach show how hard Reliance is pushing to build demand beyond big institutional investors.

The bear case

Encouraging employees to put personal savings into a company-linked stock concentrates their financial risk in one bet.

What to watch

Jio Platforms' public subscription window, Oct. 21-23.

Source · Business TodayRead original ↗Report an error

Oct 17, 2026 edition

Mukesh AmbaniIPO / MarketsOtherPrivateAI read · ▲ Record IPO

Jio Platforms sets price band for record India IPO

The move

Jio Platforms, the telecom and digital arm of Mukesh Ambani's Reliance Industries, filed its red herring prospectus for an IPO of roughly ₹30,213 crore (about $3.6 billion), with a price band of ₹1,065 to ₹1,119 per share. The offer is set to open for subscription October 21 and close October 23, according to a report published October 15.

Why it matters

It would be India's largest-ever IPO, and a step in the succession plan that has Ambani's children Isha, Akash and Anant leading the Jio Platforms listing process.

The bear case

Price bands and dates on Indian IPOs can still shift until the final prospectus and exchange filings are confirmed.

What to watch

Jio Platforms' subscription window, October 21-23, and its expected listing the following week.

Source · Inc42Read original ↗Report an error

Oct 15, 2026 edition

Mukesh AmbaniIPO / MarketsOtherPrivateAI read · — Pricing

Jio Platforms nears India's biggest-ever IPO

The move

Reliance's Jio Platforms filed its draft IPO prospectus with India's securities regulator SEBI on June 19, 2026 and received SEBI's approval on Aug. 28. The offering is reported at about 37,700 crore rupees (roughly $4 billion), entirely new shares, with proceeds going mainly to repay Jio debt, Angel One reported. Roadshows wrapped up in September and October, led by Akash Ambani, who called the listing "a great responsibility" and the Reliance group's first public share sale in nearly three decades, alongside his sister Isha Ambani.

Why it matters

A Jio listing of this size would be India's largest IPO on record and a major test of investor appetite for its telecom-and-digital business separate from parent Reliance Industries.

The bear case

The exact subscription dates, price band and listing date are still not formally confirmed by Jio or the exchanges, so the terms could still shift before launch.

What to watch

Jio's expected subscription window around Oct. 21-23 and a listing near Oct. 28.

Source · Angel OneRead original ↗Report an error

Oct 14, 2026 edition

Mukesh AmbaniIPO / MarketsMediaPrivateAI read · ▲ Bullish

Ambani's Jio Platforms sets price band for record India IPO

The move

Jio Platforms set a price band of ₹1,065-1,119 per share for its IPO, valuing the Reliance telecom unit at up to ₹10.3 trillion (about $107 billion). The fresh-share offering aims to raise about ₹30,200 crore ($3.1 billion). Anchor bidding opens October 19, public subscription runs October 21-23, and shares are expected to list October 28, which would make it India's largest-ever IPO.

Why it matters

It's a test of how much investors will pay for Jio's dominance in Indian telecom, and most of the proceeds are earmarked to pay down debt.

The bear case

Some investors have questioned whether the valuation is too rich next to rival Bharti Airtel, and the price range reported before the final filing has already shifted lower once.

What to watch

Subscription results on October 23 and the listing on October 28.

Source · Angel OneRead original ↗Report an error

Oct 13, 2026 edition

Mukesh AmbaniIPO / MarketsOtherPrivateAI read · ▲ Big bet

Jio Platforms sets price band for giant India IPO

The move

Jio Platforms is reportedly planning to price its IPO at ₹1,065 to ₹1,119 per share, valuing the company at up to roughly $107 billion at the top of the range. The anchor book is set to open October 19, public subscription runs October 21-23, and shares are expected to begin trading October 28.

Why it matters

At that valuation, it would rank among India's largest-ever IPOs and is a major test of investor appetite for Reliance's digital arm.

The bear case

The price band and dates are still reported, not officially confirmed by the company, and could change before the listing.

What to watch

Official confirmation of the price band when the anchor book opens October 19.

Source · Angel OneRead original ↗Report an error

Oct 6, 2026 edition

Mukesh AmbaniIPO / MarketsOtherPrivateAI read · ▲ Bullish

Ambani's Jio Platforms sets Oct. 21 date for $3.8B IPO

The move

Jio Platforms, the telecom and digital arm of Mukesh Ambani's Reliance Industries, plans to launch its IPO on Oct. 21, targeting about $3.8 billion in what would be India's largest listing to date, surpassing Hyundai Motor India's $2.9 billion IPO in 2024. Shares are expected to begin trading Oct. 28. The offering covers up to 270 million shares, about 2.9% of Jio's post-issue share capital, with most proceeds earmarked to repay debt owed by Reliance Jio Infocomm.

Why it matters

A listing this size is a major test of investor appetite for India's telecom and digital sector, and it starts to put a public market price on one of Ambani's most valuable units.

The bear case

The IPO is mainly aimed at paying down Jio's own telecom debt rather than raising new growth capital, so a strong listing doesn't necessarily signal fresh expansion.

What to watch

Investor demand and pricing once the roadshow begins ahead of the Oct. 21 launch.

Source · Billionaires.AfricaRead original ↗Report an error

Oct 5, 2026 edition

Mukesh AmbaniIPO / MarketsOtherPrivateAI read · ▲ Big listing

Jio Platforms lines up India's biggest-ever IPO

The move

Reliance's Jio Platforms is preparing an IPO targeting about $3.8 billion, with a launch planned around October 21 and listing around October 28. That would top Hyundai Motor India's $2.9 billion 2024 offering as India's largest IPO. Most of the proceeds are earmarked for reducing telecom debt rather than new growth spending. Jio has partnerships with Meta and Google and plans to expand into AI, cloud and enterprise network services.

Why it matters

A successful listing would be India's largest IPO yet and a major test of investor appetite for Reliance's telecom arm.

The bear case

Nearly 250 companies are already queued for Indian IPOs targeting a combined $48 billion, a crowded calendar that could pressure pricing.

What to watch

Confirmation of the October 21 launch date and final price band.

Source · FinimizeRead original ↗Report an error

Related

Other companies held by the same people.

• Jio Financial Services1 shared holder
• JioStar1 shared holder
• Reliance IndustriesRELIANCE · 1 shared holder
• Reliance Retail1 shared holder