# Billionaire Mukesh Ambani launches India’s biggest-ever IPO

- Source: Guardian World
- Published: 2026-10-20T09:53:27+00:00
- Category: World
- Original: https://www.theguardian.com/business/2026/oct/20/mukesh-ambani-jio-platforms-ipo-india-stock-market
- Canonical: https://groundlevelnews.com/story/billionaire-mukesh-ambani-launches-india-s-biggest-ever-ipo-e346a7/

Low-cost broadband provider Jio Platforms aims for £81bn valuation when it floats on the stock market on Wednesday Business live – latest updates India’s second-richest man, Mukesh Ambani, is launching what could be the country’s biggest-ever initial public offering (IPO), despite a stock market downturn. Mumbai-based Jio Platforms, a telecoms company backed by Meta Platforms and Google, is hoping

_Ground Level News shows a short summary only; the full article and all rights belong to Guardian World._