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Jio sets eyes on Navratri-Diwali period to launch mega $4 billion IPO

Reliance Jio is planning a mega $4 billion IPO targeting the Navratri-Diwali festive period (September-October 2025). The company will finalize exact dates within weeks and conduct overseas roadshows before domestic ones. This would be India's largest IPO ever, surpassing LIC's ₹21,000 crore (2022), and signals Jio's valuation maturity ahead of potential 5G monetization and digital services expansion.

Source: Economic Times. This summary and analysis are AI-written from that report and are not individually fact-checked — confirm names, dates and figures with the source before you rely on them.

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Key points

Exam-ready takeaways

Company: Reliance Jio Infocomm Ltd (subsidiary of Reliance Industries)

IPO Size: $4 billion (approx ₹33,000 crore at current exchange rate)

Target Launch Window: Navratri-Diwali period 2025 (Sept-Oct 2025)

Process: Finalize dates in 2 weeks → overseas roadshows → domestic roadshows

Significance: Would surpass LIC's ₹21,000 crore (2022) as India's largest IPO

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