Mukesh Ambani’s big preparation! The biggest IPO of this Reliance company is coming, will LIC’s record also be broken?

Mukesh Ambani Upcoming IPO: Reliance Industries, which is included in the list of big companies of India, is now preparing to launch its telecom unit Jio Platform in the stock market. It is being claimed in media reports that the company is working with many big investment banks for this possible IPO. If the plan goes ahead, it could prove to be the biggest IPO in the history of India.

Quoting sources, it has been said in the media report that to prepare for this big issue, the company has selected many global and Indian investment banks as advisors. These include BofA Securities, Citigroup, Goldman Sachs, JM Financial, Kotak Mahindra Capital and Morgan Stanley. It is believed that in the future, some more advisors can also be added to this process, so that the preparations for the IPO can be finalized.

Reliance Group’s first big IPO

This IPO is also considered special because it will be the first public issue of a major unit of Mukesh Ambani-led Reliance Group in almost two decades. Jio Platforms has today become the country’s largest wireless telecom company and is expanding rapidly in many areas like digital services, internet, cloud and fintech.

Valuation up to $170 billion

According to banking sources, the potential valuation of Jio Platforms can be kept at around $170 billion. If the company sells only 2.5% stake in the market as per the recent rules made by the government, then about $ 4.3 billion i.e. about Rs 35 thousand crore can be raised through this IPO. This is the reason why there is a lot of curiosity about this issue in the market.

It is being told that as soon as the terms and structure of the IPO are finalized, the company will file a draft red herring prospectus with the Indian market regulator Securities and Exchange Board of India. However, there is still a possibility of change in the timeline and issue size, so the final decision may take some time.

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Slow start for IPO in 2026

Meanwhile, if we talk about India’s IPO market, the beginning of the year 2026 has been a bit slow. According to the data, only about $1.7 billion has been raised through IPO in the first quarter of this year, whereas in the same period last year this figure was about $2.3 billion. In such a situation, if the IPO of Jio Platforms comes, then it indian stock market This can increase both new energy and investor interest.