Mukesh Ambani is scheduled to participate in Reliance Industries' AGM this Friday, August 29th. Investors are keenly focused on the potential announcement of Jio's (JIO) IPO. The company has been preparing for an IPO for the past five years, and significant information regarding its timeline and valuation is expected at this year's AGM. Updates on Jio 5G, JioAirFiber, and the AI platform are also anticipated during the AGM.
JIO IPO: Reliance Industries Chairman Mukesh Ambani will attend the company's Annual General Meeting (AGM) on Friday, August 29th. Investors are primarily focused on the potential Jio IPO at this meeting. Ambani is expected to provide a major update on the IPO's timeline, potential valuation, and the company's strategy in the telecom sector during the AGM. In addition, announcements related to Jio's 5G network, JioAirFiber, AI platform, and other ventures are also likely.
Expectations for JIO IPO
During the 2019 AGM, Mukesh Ambani revealed plans to launch IPOs for Reliance Jio and Reliance Retail within the next five years. Since then, there have been no major updates regarding the IPO. However, the five-year timeframe has now been completed, and investor expectations are significantly heightened for this year's AGM.
According to an ET report, Reliance may provide updates on the IPO's timeline and potential valuation this time. If this happens, it could prove to be a major trigger for the Indian stock market. Profits in the telecom sector are increasing, and expenses are decreasing. Jio recently discontinued some cheaper plans, indicating that the company is now focusing on higher revenue.
Possibility of Other Major Updates at the AGM
Although investors are primarily focused on the JIO IPO, there may be other significant announcements at the AGM. The company is working on an AI service platform called JioBrain, information about which may be provided during the AGM. In addition, updates related to the 5G network and JioAirFiber may also be revealed.
The construction of Reliance's solar and battery giga-factories is almost complete. Production is expected to begin at these factories from 2025. Furthermore, information may also be available at the AGM regarding Quick-Commerce and the Fast Fashion venture with Shein. Investors are also keeping a close eye on Jio Hotstar and the FMCG business.
Performance of Reliance Shares
RIL shares have increased by 15 percent in 2025 so far. However, a 6 percent decrease has been observed in the company's shares over a one-year period. In the last five years, the company has given investors a return of 46 percent. Over a long period of ten years, Reliance has given investors a return of 622 percent. According to BSE data from August 25, 2025, the market cap of Reliance Industries is ₹19,06,725.39 crore.
There is a positive atmosphere in the stock market regarding this year's AGM. Investors are excited about the JIO IPO, and buying in Reliance shares is being seen in anticipation of this announcement. Market analysts are also positive, given the better profits in the telecom sector and the strength of JIO.
