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Reliance Jio readies massive Mumbai IPO as approval push could reshape India’s biggest listing plans
Business
Published on 11 May 2026
IPO may raise $4 billion but timing is slipping
Reliance Jio Platforms, Mukesh Ambani’s telecom giant, is moving toward seeking approvals for a Mumbai IPO that could become India’s largest ever. Reuters reports the deal could raise as much as $4 billion, but the launch has been delayed amid softer IPO sentiment following tensions in West Asia, adding uncertainty to the timetable.
- Reliance Jio is seeking approvals for a Mumbai IPO
- The offering could reportedly raise up to $4 billion
- West Asia tensions are linked to weaker IPO sentiment
- Delays cloud the company’s expected listing timeline
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times