Reliance Industries owns 66.43% of Jio Platforms, making it the largest shareholder. Meta holds 9.98% through Jaadhu Holdings while Google owns 7.73%. Together these two global technology giants control 17.71% of the company. Other investors include Saudi Arabia’s Public Investment Fund with 2.31%, KKR with 2.31%, Vista Equity Partners with 2.31%, Silver Lake with 1.88%, Mubadala with 1.85%, General Atlantic with 1.34% and Abu Dhabi Investment Authority with 1.16%.
The upcoming initial public offering will raise about ₹37,700 crore by issuing 27 crore fresh equity shares. The issue size represents nearly 2.9% of post issue equity. The price band is expected between ₹1,065 and ₹1,119 per share. Importantly no existing investor will sell shares in this offering. Reliance will continue to hold majority control while global investors remain long term partners.
Jio Platforms has more than 524 million subscribers and is India’s largest telecom operator. Its partnerships with Meta and Google strengthen its digital ecosystem through services like WhatsApp integration and Android support. The IPO will unlock independent value for Jio Platforms separate from Reliance’s other businesses. Listing will take place on both NSE and BSE.
This ownership mix highlights Reliance’s dominance while showcasing strong global confidence in Jio’s growth story.