Reliance Jio Platforms is reportedly preparing for its initial public offering (IPO) in the first half of 2026, with sources indicating a potential 2.5% stake sale. This offering could become India's largest IPO, potentially raising over $4 billion based on an estimated valuation of $180 billion. The company is working with investment banks on the prospectus, with the final stake size contingent on regulatory approval to lower minimum public float norms from 5% to 2.5%. Reliance has not officially confirmed these plans.