Reuters · October 14, 2026

Jio Platforms IPO to Launch October 21; Filing Shows Target Valuation of 10.3 Trillion Rupees

• Jio Platforms, the digital arm of Reliance Industries, will launch its initial public offering on October 21, a company filing showed, according to the report.
• Jio Platforms is targeting a valuation of 10.3 trillion rupees ($108.25 billion), according to the report. The report gave an exchange rate of $1 = 95.15 Indian rupees.

Launch date and valuation via a company filing, cited in the original report. This card is based on the accessible portion only. Original headline: "Mukesh Ambani's Jio files updated prospectus for record India IPO".