From mint · A Ksheerasagar · · 1m 20s
Jio Platforms IPO Could Boost Reliance Market Cap
Reliance Group may overtake Tata Group as India’s largest conglomerate by market cap with Jio Platforms IPO.
In brief
Reliance Group may overtake Tata Group as India’s largest conglomerate by market cap with Jio Platforms IPO. Jio Platforms IPO could lift Reliance Group’s market cap to ₹28.35 lakh crore, surpassing Tata Group’s ₹25.92 lakh crore. Originally reported by mint.
Jio Platforms IPO Valuation
Jio Platforms IPO is estimated at ₹10.3 lakh crore, potentially lifting Reliance Group’s market cap to ₹28.35 lakh crore.
Reliance Group Market Position
Reliance Group has 12 listed companies with a combined market capitalisation of ₹18.05 lakh crore.
Reliance Industries Dominance

Reliance Industries accounts for ₹16.2 lakh crore of Reliance Group’s market capitalisation.
Tata Group Market Cap
Tata Group’s combined market capitalisation is ₹25.92 lakh crore, down 16.4% from October 2025 peak.
Adani Group Ranking
Adani Group ranks third with a combined market capitalisation of ₹17.23 lakh crore.
HDFC Group Market Cap
HDFC Group has a combined market capitalisation of nearly ₹13.9 lakh crore with four listed companies.
Jio Platforms Impact
Jio Platforms, the 13th listed company under Reliance Group, could push Reliance Group’s market cap above Tata Group’s.
Market Cap Comparison
Reliance Group’s market cap could reach ₹28.35 lakh crore, surpassing Tata Group’s ₹25.92 lakh crore.
The one thing
Jio Platforms IPO could lift Reliance Group’s market cap to ₹28.35 lakh crore, surpassing Tata Group’s ₹25.92 lakh crore.




