Jio Platforms IPO: Ambanis Seek Blessings at Siddhivinayak Temple

The Ambani family sought blessings at Siddhivinayak Temple following the Jio Platforms IPO listing, marking a historic corporate milestone.

Ravi Pandey28 October 20263 min read1 viewBusiness
Jio Platforms IPO: Ambanis Seek Blessings at Siddhivinayak Temple

Following the historic Jio Platforms IPO listing, the Ambani family visited Mumbai’s renowned Shri Siddhivinayak Temple on Wednesday. Continuing a long-standing family tradition of seeking divine intervention and expressing gratitude during major life and business milestones, the family arrived at the temple under tight security to offer prayers to Lord Siddhivinayak.

An Emotional Milestone for Reliance

The temple visit followed a deeply emotional listing ceremony. Reliance Industries Chairman Mukesh Ambani was visibly moved, wiping tears from his eyes as his children, Isha and Anant Ambani, took the stage to address the gathering. The moment highlighted the personal weight of the corporate achievement, bridging the gap between professional success and family legacy.

Isha Ambani Reflects on the 1977 Legacy

Isha Ambani, Executive Director of Reliance Retail Ventures, shared a poignant anecdote from a recent family dinner. She revealed that Mukesh Ambani had been reminiscing about the year 1977, when he was just 20 years old and working on Reliance's very first public offering. She noted that it was then that her grandfather, the legendary Shri Dhirubhai Ambani, made the pivotal decision to take Reliance to the public.

Turning to the present, Isha highlighted the staggering growth of Jio over the last decade. She disclosed that this year, Jio generated approximately USD 15.5 billion in revenue with real earnings of about USD 8 billion. She emphasized that achieving such scale in just 10 years is a feat matched by very few companies globally, attributing this success to the millions of customers who welcomed the service.

Isha also took a moment to praise her brother, Akash Ambani, the Chairman of Reliance Jio. She spoke of his relentless dedication, mentioning that for the past 13 years, he had rarely returned home before midnight, stating she could not be prouder to be his sister.

Anant Ambani: Business as 'Pooja'

Anant Ambani, Executive Director of Reliance Industries Limited, focused his address on the theme of gratitude. He thanked the millions of supporters who believed in the vision of Jio and made the public listing possible.

In a striking comparison between commerce and faith, Anant remarked that the ringing of the exchange bell felt like a temple bell to him. He stated,

"For me business is pooja and every pooja ends with prasad. Prasad is always shared. Today, Jio is shared with India."

He further emphasized the unity between the siblings, describing himself, Isha, and Akash as "three bodies but one soul" united by a single commitment to honor their family's dreams.

Rooted in Tradition and Values

Concluding his speech, Anant credited the family's enduring values for shaping the current trajectory of Reliance. He noted that while the company will continue to pursue new and ambitious dreams, its roots remain firmly planted in the dream of his grandfather, the blessings of his grandmother, the guidance of his father, and the "sanskar" of humility and care instilled by his mother.

The subsequent visit to the Siddhivinayak Temple served as a symbolic closing to the ceremony, linking one of India's biggest corporate events with the family's spiritual convictions.

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