Reliance Jio IPO: Mukesh Ambani's telecom company, Jio Platforms, is slowly inching closer to its stock market debut. It's also being called the Mother of IPOs.

Have you got your money ready? Find out when the 'Mother of IPOs' is going to launch.

Reliance Jio IPO: Mukesh Ambani-led Reliance Industries' Jio Platforms is slowly inching closer to its stock market debut. The company is currently awaiting a final notification from the government regarding the changed rules for the IPO.

Until this is received, the company is holding off on officially filing its draft red herring prospectus (DRHP). Once approved, it could become the country's largest public issue in the near future. The IPO size is estimated to be between $4–4.5 billion (approximately Rs. 33,000–37,000 crores).

Wait a little longer

During RIL's December quarter results call, Anshuman Thakur, RIL's SVP (Strategy and Planning), said the company is internally preparing for an IPO but is awaiting final notification from the government. He further stated that the company is currently working on the assumption that regulations will be in accordance with SEBI's recommendations.

Anshuman Thakur said, "We are working on the assumption that it will be in line with SEBI's recommendations, but we will have to wait for it to be finalized and then start the process." He further said, "Once we receive the notification from the government, it will be launched in the next few months. 

What is the new rule of SEBI? 

In September 2025, market regulator SEBI recommended reducing the minimum dilution in IPOs to 2.5% for companies with a market capitalization of between ₹50,000 crore and ₹1 lakh crore. This means that companies with a market capitalization of ₹50,000 crore and ₹1 lakh crore (post-listing) will have five years to comply with the minimum public shareholding (MPS) requirement of up to 25%, compared to the current three years. Companies with a market capitalization of more than ₹1 lakh crore after listing will have 10 years to comply with the minimum public shareholding requirement.

Minimum public shareholding means that at least 25% of a listed company's shares must be held by public investors. This will reduce the dominance of promoters and increase the availability of shares in the market.