21 Oct 2026 | 5 Mins Read
Jio Platforms: Breakdown of Its Current Ownership and Shareholding Structure
Flipitmoney
Jio Platforms, the digital arm of Reliance Industries, launched a Rs. 30,213 crore IPO fully subscribed within two hours, setting a market record. Pre-IPO, Reliance held 66.43%, with Meta and Google as major external investors. Post-IPO, Reliance’s stake reduces to 64.48%. Proceeds will reduce debt. The IPO’s grey market premium suggests a potential 22% listing gain.