Key Points: Reliance appoints 17 bankers for Jio IPO. Reliance Industries has begun preparations for an initial public offering of Jio Platforms IPO, appointing 17 bankers and targeting a draft prospectus filing by month-end, Bloomberg News reported Tuesday, citing sources. Regulatory Changes Ease Path For Mega ListingsThe Jio Platforms IPO push comes as India recently eased listing norms for large companies, a move expected to support mega offerings like Jio Platforms. IPO Structure, Valuation Still Under DiscussionDetails of the Jio Platforms IPO, including size, structure and timing, remain under discussion, according to sources. Jio Platforms is targeting a listing in early to mid-2026, with projected valuations ranging from $130 billion to $170 billion.

Source: Economic Times March 18, 2026 18:20 UTC