{"id":320180,"date":"2026-10-21T13:16:34","date_gmt":"2026-10-21T07:46:34","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=320180"},"modified":"2026-10-21T13:16:34","modified_gmt":"2026-10-21T07:46:34","slug":"nithin-kamath-shares-interesting-story-from-2015-it-has-jio-mukesh-ambani","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/nithin-kamath-shares-interesting-story-from-2015-it-has-jio-mukesh-ambani\/","title":{"rendered":"Nithin Kamath Jio Story: Why the Zerodha Founder Recalls a 2015 List He Shared with Mukesh Ambani"},"content":{"rendered":"

In a post reported on 21 Oct 2026, Nithin Kamath shared a 2015 Economic Times list of 10 businessmen to watch in 2016, where Mukesh Ambani was ranked first and Kamath sixth, and said ‘We were, and still are, ants compared to Reliance and Jio’. He added that India had about 2 crore unique investors in 2016 against over 13 crore today, a rise of about 6.5 times (my calculation), and that he could not advise whether to apply for the Jio issue. The word listing in the headline means this ranking and not a stock market listing.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

The Nithin Kamath Jio story reported on 21 Oct 2026 centres on a post in which the Zerodha co-founder shared a 2015 Economic Times list of 10 businessmen to watch in 2016, with Mukesh Ambani first and Kamath sixth. Kamath said Zerodha was far smaller then and remains small next to Reliance and Jio, and he credited Aadhaar, UPI, Jio and Airtel for bringing millions online, with investors rising from about 2 crore in 2016 to over 13 crore today. He said he could not advise whether to apply for the Jio Platforms issue, which is open until 5 PM on 23 Oct at a price band of Rs 1,065 to Rs 1,119. The headline’s word listing means the ranking and not a stock market listing, and as far as I know Zerodha is not a listed company, so there is no Zerodha share price to track.<\/p>\n<\/p><\/div>\n

The Nithin Kamath Jio post arrived on the first day of the Rs 30,213 crore Jio Platforms issue, and Business Today ran it under a headline that quotes him saying he remembers being petrified. The 2015 listing in that headline is a ranking, an Economic Times list of 10 businessmen to watch in 2016. Kamath said he was surprised to be on it, since Zerodha was much smaller than it is now, and he linked his place to Zerodha having recently made delivery brokerage free.<\/p>\n

This article on the Nithin Kamath Jio post covers what he said, why the investor numbers matter, the context of the Jio issue and what to watch next. It is educational and not a recommendation to apply for the issue or to buy or sell any share.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/p>\n

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