Reliance Jio Eyes 2.5% Public Offering in 2026 IPO, Could Be India's Largest Ever

• Reliance Jio Platforms is considering a 2.5% public offering in 2026, potentially becoming India's largest IPO.
• The IPO could raise over $4 billion, surpassing Hyundai Motor India's $3.3 billion IPO last year.
• Jio, led by Mukesh Ambani, is India's largest telecom operator with over 500 million users and has diversified into AI.
• Investment bank Jefferies estimated Jio's valuation at $180 billion in November; some bankers pitch $200-$240 billion.
• The 2.5% float depends on finance ministry approval to reduce minimum IPO share sales for large companies from 5%.

Why It Matters: Reliance Jio's potential 2026 IPO of 2.5% could be India's biggest, raising over $4 billion.