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Jio IPO is the fruit of India digital revolution and long perseverance says Uday Kotak
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News18•15-10-2026, 18:22
Jio IPO is the fruit of India digital revolution and long perseverance says Uday Kotak
- •Veteran industrialist Uday Kotak highlighted Reliance Jio's crucial role in India's digital economy growth and telecom sector transformation.
- •He described Jio's Initial Public Offering as not just a stock market entry, but a significant milestone of long perseverance and planning.
- •Kotak noted that prior to Jio, there was a noticeable deficit in information and digital connectivity across India.
- •He expressed gratitude to Reliance Group founder Dhirubhai Ambani for creating valuable opportunities for investors.
- •Jio's highly anticipated IPO is scheduled to open from October 21 and will conclude on October 23.
Key Questions Answered
The Jio Platforms IPO will open for subscription on Wednesday, October 21, and conclude on Friday, October 23, with anchor investors bidding on Monday, October 19, 2026.
Veteran industrialist Uday Kotak described Jio's IPO as a historic milestone and a special moment celebrating years of perseverance, planning, and India's broader digital transformation over the past decade.
Uday Kotak emphasized that Jio is the world's only player equipped with a proprietary end-to-end digital connectivity stack, helping bridge the prior information gap in India.
