India Revises IPO Rules to Ease Mega Listings for Reliance Jio and NSE

The Indian government has introduced new graded IPO listing norms that lower the minimum public shareholding requirements for large companies. Firms valued above ₹5 trillion can now list by offering as little as 1-2.5% shares initially, with gradual increases over time. This policy change aims to facilitate mega IPOs from companies like Reliance Jio, National Stock Exchange, and Flipkart, potentially unlocking significant market activity despite current equity market volatility.