BusinessPhoto: Mint MarketsReliance Jio IPO Valued Around ₹11 Lakh Crore, Impact on Telecom Sector
Reliance Industries Limited plans a ₹30,000 crore IPO for Jio Platforms, potentially valuing it at around ₹11 lakh crore, making it one of India's largest IPOs. This listing is expected to influence telecom sector valuations and prompt tariff hikes. Motilal Oswal notes a possible 15% smartphone tariff increase from December 2026, linked to Jio's IPO and Vodafone Idea's fund raise closure, affecting sector re-rating and ARPU growth.
Mint Markets·




