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Uday Kotak Calls Jio IPO a Landmark Moment in India's Digital Evolution
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News18•15-10-2026, 16:29
Uday Kotak Calls Jio IPO a Landmark Moment in India's Digital Evolution
- •Veteran industrialist Uday Kotak praised the upcoming Jio Platforms IPO as a celebration of years of perseverance and India's digital transformation.
- •Kotak noted that Jio is the only player globally with a proprietary end-to-end digital connectivity stack and undisputed market leadership.
- •The Jio Platforms IPO will open for subscription from October 21 to October 23, with anchor bidding on October 19, marking India's largest-ever public offering.
- •He highlighted India's rapid shift from having under one crore 4G users to approximately 100 crore 4G and 5G customers over the past decade.
- •Kotak credited Akash Ambani and Isha Ambani for building new-age businesses under Mukesh Ambani, while recalling Reliance's historic public market journey.
Key Questions Answered
The Jio Platforms IPO will open for public subscription from Wednesday, October 21, to Friday, October 23, while the bidding window for anchor investors is scheduled for Monday, October 19, according to regulatory filings and press announcements.
Uday Kotak noted that India has transformed from having fewer than one crore 4G customers into a data-abundant nation with approximately 100 crore 4G and 5G customers over the past ten years.
The proposed public offering marks a historic milestone as the first from the Reliance Industries group in nearly two decades, and it is positioned to become India's largest-ever IPO.
