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Mukesh Ambani's Jio seeks $108 billion valuation in record Indian IPO

A man walks with an umbrella in front of a Reliance Industries' Jio Digital Life store on a street in Kolkata, India, June 19, 2026. REUTERS/Sahiba Chawdhary Purchase Licensing Rights, opens new tabSummaryCompaniesIPO could raise up to $3.2 billion through sale of new sharesJio to use up to $2.89 billion on telecom unit borrowingsOffer runs October ​21-23, with anchor bidding scheduled for Oct 19IPO would make Jio India's fourth-most valuable ‌listed companyBENGALURU, Oct 14 (Reuters) - Jio Plat...

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