Reliance Jio IPO: RIL's telecom arm may file draft papers for $4 billion public issue within days, says report

Reliance Jio Infocomm is reportedly set to file draft papers for a about $4 billion IPO within days, potentially ahead of RIL Chairman Mukesh Ambani's AGM address on June 19, 2026. If launched, the issue would surpass Hyundai Motor India's $3.3 billion listing to become India's largest-ever stock market debut. The offering will be structured mainly as a new issue, directing proceeds into Jio's operations, though it appears likely to miss the earlier stated H1 2026 listing timeline.