Reliance Jio Platforms is reportedly planning an initial public offering (IPO) in the first half of 2026, potentially becoming India's largest ever. The company is considering selling a 2.5% stake, which could raise over $4 billion based on an estimated valuation of $180 billion. This move is contingent on regulatory approval to reduce the minimum public float requirement from 5% to 2.5%. Investment banks are preparing the necessary documentation, with the final decision on the IPO's structure and timing pending market conditions and regulatory clearances.