Jio IPO buzz: Mukesh Ambani eyes $4 billion raise with 2.5% stake sale 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.

Source: Economic Times January 09, 2026 15:59 UTC