Archive · 21 Jan 2026
Reliance Hires Morgan Stanley, Goldman Sachs for Jio IPO
Reliance Jio, a big company owned by Mukesh Ambani, is planning to go public with its IPO.
They have hired two famous banks, Morgan Stanley and Goldman Sachs, to help with this.
The company is worth a lot of money, around Rs 15 lakh crore.
They plan to sell a small part of the company, about 2.5%, which could raise around Rs 37,000 crore.
The Indian government has recently changed some rules to make it easier for big companies like Jio to go public.
These changes include reducing the minimum amount of shares that need to be sold to the public.
The IPO is expected to happen in the first half of 2026.
Some experts think that turning Reliance into a holding company might make its value go down a bit, but others believe the new rules have addressed these concerns.
Reliance Jio has hired Morgan Stanley and Goldman Sachs for its upcoming IPO.
Jio Platforms is valued at around Rs 15 lakh crore, with a planned 2.5% stake sale raising approximately Rs 37,000 crore.
The Indian government has reduced the minimum IPO float for large companies to 2.5% from 5%, awaiting formal notification.
SEBI has relaxed public shareholding norms, giving companies more time to meet the required levels.
The Jio IPO is expected to be an offer-for-sale by financial investors, with strategic shareholders likely to remain invested.
- Who
- Reliance Industries Ltd (Reliance Jio)
- What
- Hiring Morgan Stanley and Goldman Sachs for Jio Platforms IPO
- When
- Expected IPO in the first half of 2026
- Where
- India
- Why
- To raise funds and comply with revised IPO norms
- Company
- Reliance Jio
- Valuation
- Rs 15 lakh crore
- Expected IPO Size
- Rs 37,000 crore (2.5% stake)
- Expected IPO Timing
- First half of 2026
- Minimum IPO Float
- 2.5% (reduced from 5%)
- Public Shareholding Deadline
- 15% in 5 years, 25% in 10 years
- Potential Valuation Discount
- 5% to 20%
- Expected IPO Type
- Offer-for-sale by financial investors
