Jio IPO, India’s largest at $4-4.5 billion, is slated for the first half of 2026. Despite concerns of a holding company discount for Reliance shareholders, brokerages suggest Jio’s limited free float could drive its stock to a premium, potentially offsetting any valuation hit. The listing is expected to proceed once government norms are finalized.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets