Jio Platforms IPO Faces Potential Delay Amid Pending Government Listing Rule Notification

The initial public offering (IPO) of Jio Platforms, Reliance Industries' digital arm, faces potential delays due to pending government notification on listing rule changes, despite SEBI's approval. Reliance aims to file the draft prospectus before April, targeting a first-half 2026 listing as announced by Mukesh Ambani. Valuations for Jio are estimated up to $22 billion (around ₹170 trillion), potentially raising about $4.3 billion by selling a minimum stake. The IPO is expected to be among India's largest, attracting significant investor interest.