Biggest IPO Ever: Mukesh Ambani's Reliance Jio To Float 2.5% Stake; Issue Size To IPO GMP | 5 Things To Know

Reliance Jio IPO: The year 2026 will mark the launch of India's biggest-ever initial public offering. Mukesh Ambani's Reliance Jio Platorms is all set to bring its nearly $4 billion IPO and is considering floating around 2.5% stake of the company, according to Reuter's latest report.

The recent update has renewed investors' interest in the Reliance Jio IPO. Hence, here are full details about the Reliance Jio IPO, its expected size, timeline, grey market premium (GMP), etc.

Reliance Jio IPO Valuation

The Reliance Jio IPO was announced in 2025 and raised interest among investors, as it was projected to be India's largest IPO to date. Investment bank Jefferies had estimated that Reliance Jio's valuation was expected to remain around $180 billion.

Biggest IPO Of India

As per the report, the company may plan to raise around $ 4.5 billion with the sale of around 2.5% stake in the IPO. With the expected IPO size, Reliance Jio may comfortably surpass Hyundai Motor India's $3.3 billion IPO launched in 2024.

Reliance Jio IPO Stake Sale

As per the Reuters report, Reliance would list only 2.5% of Jio's shares considering the large sive of the company. Meanwhile, a proposal from market regulator Securities and Exchange Board of India (SEBI) is pending to reduce the minimum size of share sales for large companies seeking IPOs to 2.5% from 5%.

Reliance would like to list only 2.5% of Jio's shares, given the large size of the company, the sources said, even though a proposal from India's market regulator to reduce the minimum size of share sales for large companies seeking IPOs to 2.5% from 5% is awaiting approval from the finance ministry.

"The preference is to list 2.5% at this point if the law gets changed as a smaller amount creates more pricing tension," Reuters quoted one of the sources with direct knowledge. GoodReturns couldn't independently verify the development.

Reliance Jio IPO Launch Timeline

Reliance Jio IPO is likely to be launched in the first half of the year 2026. However, there has been no information about the exact launch date of the IPO. The Reliance Group Chairman Mukesh Ambani had shared details about the Reliance Jio IPO in the group's Annual General Meeting (AGM) in August 2025.

Reliance Jio IPO GMP

The Reliance Jio IPO's grey market premium (GMP) is not available on most of the platforms tracking IPO, because of lack of clarity in its launch date. Reliance Jio Infocomm IPO GMP quotation stood at Rs 93 per share, according to Bigul.co website.