Jio Platforms’ debut could give RIL top 2 slots in Indian m-cap league

June 22, 2026

Mukesh Ambani’s Reliance group is set to significantly boost its market presence, potentially holding nearly 7% of BSE’s total market capitalization post-Jio Platforms’ IPO. This move positions Reliance Industries and JioP as India’s two largest companies by market value, surpassing major banks and telecom players. The combined RIL group market cap is expected to rival that of top financial institutions, highlighting a substantial value creation for investors.

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