Reliance Jio to launch IPO in 2025, says report; public issue could be India's biggest, surpassing Hyundai Motor India

As per the report, RIL is aiming for the 2025 Jio IPO to be India's biggest ever, overtaking Hyundai India's record $3.3 billion IPO this year.

Reliance Industries' chairman Ambani hasn't updated his IPO timelines after saying in 2019 that Reliance Jio and Reliance Retail would "move towards" a listing within five years.

The report further said that RIL has now firmed up plans to launch the Reliance Jio IPO in 2025 as it internally believes it has achieved a stable business and revenue stream in becoming India's No. 1 telecom player with 479 million subscribers.

Reliance Jio remained the world leader in mobile data traffic for the third consecutive quarter, outperforming global rivals, consulting and research company Tefficient said recently.

In a post on X, Tefficient shared a chart that compared the mobile data traffic of operators like Jio, China Mobile, Airtel, China Unicom, and Vodafone Idea.

It is important to mention that Reliance Jio Infocomm clinched a 23.1% increase in standalone net profit for Q2 FY25 to ₹6,231 crore. The revenue from operations of Reliance Jio Infocomm, the largest of three private telecom players in the Indian telecom market, climbed almost 14.5% year-on-year to ₹28,338 crore.

Its ARPU (average revenue per user)—a key metric for telcos—increased to Rs 195.1 with the partial follow-through of the tariff hike and a better subscriber mix, Reliance said in its earnings release on October 14.

The ARPU was substantially higher (by 7.4%) compared to ₹181.7 in Q1 FY25 and Q2 FY24.

The total subscriber base stood at 478.8 million in Q2 FY25, lower than 489.7 million in Q1 FY25, following some bit of SIM consolidation that the company expects to taper down going forward.