
As per Bloomberg report, Reliance Industries is gearing up for a potential landmark IPO for its telecom subsidiary, Jio Platforms. This IPO could become the largest in India.
The company intends to file the initial public offering (IPO) documents by the end of March.
Reliance Industries is taking the necessary steps to ensure the success of the IPO of its telecom unit, Jio Platforms.
With documents expected to be filed by March-end, this move is set to attract considerable attention. Seventeen banks have been appointed to handle the mammoth transaction, emphasising the enormity of the project.
The offering is likely to be a secondary sale, with current investors offloading their shares. This IPO will mark the first time in nearly 2 decades a major branch of Mukesh Ambani's Reliance Company goes public.
As per the report, the advisory panel includes 9 international banks such as Morgan Stanley and HSBC Holdings Plc. Additionally, domestic institutions like Kotak Mahindra Capital Co. and SBI Capital Markets Ltd. will also play a role.
These partnerships aim to ensure the process goes smoothly, tapping into immense domestic and global expertise.
The recent government approval simplifying listing requirements for large issuers is a significant advantage for Jio Platforms.
This could see the company dilute as little as 2.5% of its equity in the public offering, following the regulatory framework.
This IPO comes at a time of heightened activity in the Indian financial markets. The massive scope underscores Jio Platforms’ commanding presence in India's telecom sector, potentially encouraging future IPOs in related industries.
As of March 18, 2026, at 10:06 AM, Reliance Industries share price on NSE was trading at ₹1,407.60 up by 0.72% from the previous closing price.
Reliance Industries' aim to file the IPO prospectus for Jio Platforms by March can mark a significant milestone in India’s financial history by potentially becoming the largest public offering. The involvement of a diverse team of global and domestic banks and leveraging new listing regulations highlight the company’s robust preparation.
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Published on: Mar 18, 2026, 10:11 AM IST

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