As per the resources, the firm is hoping to file its draft papers by April 2026, if everything goes as planned with government approval of new listing rules.
Mukesh Ambani, Asia’s richest person, has built its empire over the years with the Jio platform being one of the most valuable businesses. The launch of Reliance Jio IPO will be the first major company from Reliance to get listed in the primary market in about 20 years, or it might be India’s biggest IPO.
Investment Bankers have given an estimated valuation of $170 billion for the company, suggesting investors a chance to invest in one of India’s largest IPO.
In 2019, Mukesh Ambani first announced its plan to list its Jio platform, which was then getting delayed due to certain circumstances. Now, Reliance plans to launch Jio’s IPO in the first half of 2026. They believe that the launch of this IPO can help them to raise about $4.3 billion by selling a stake in the company. In 2020, even major companies like Meta Platforms and Alphabet Inc. invested more than $10 billion in Jio.
Sources stated that the Reliance Jio IPO size, date, and share sale are still under discussion and may change.
In September, SEBI approved a new rule change, where the large companies can only sell 2.5% of their shares in an IPO, which was 5% earlier. This rule can allow large companies like Reliance Jio to launch their IPO easily; however, the approval from the government is yet to be granted.
The regulator approved this new rule change, and now companies are waiting for approval from the government as well, which is expected to be announced in early 2026.
NSE, on the other hand, is also preparing for the launch of its IPO with plans to raise to $2.5 billion. In fact, the firm has already invited merchant bankers to work on the IPO offerings.
