JOURNAL ARTICLE

Reliance Is Said to Start Work on Draft Prospectus for Jio's Likely Record IPO.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Mascarenhas, Rajesh; Kalesh, Baiju; Sanjai, P R 3 of 3

Abstract

The article focuses on Reliance Industries Ltd.'s preparations for an initial public offering (IPO) of Jio Platforms Ltd., which is anticipated to be the largest IPO in India’s history. The company is drafting a prospectus and consulting with banks to file it with regulators following the implementation of new IPO rules. The Securities and Exchange Board of India has approved a reduction in minimum dilution for large companies, potentially allowing Jio to raise approximately $4.3 billion at a valuation of up to $170 billion. Mukesh Ambani, the controlling figure of Reliance, indicated that the listing could occur in the first half of 2026. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/12, pN.PAG
  • Document Type:Article
  • Subject Area:Biography
  • Publication Date:2025
  • Accession Number:189828891
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