Amid growing anticipation for Jio’s IPO, parent Reliance Industries Limited (RIL) has shared that the public offering is likely to materialise in the coming months once regulatory checks and balances are in place. Speaking during RIL’s Q3 earnings call, Anshuman Thakur, RIL’s SVP — Strategy & Planning, said the company is internally preparing for IPO but is awaiting the final notification from the government. He added it is currently working on an assumption that the rules will be in line with SEBI’s recommendations. “We are working on the assumption that it is in line with whatever SEBI has recommended, but we will still have to wait for that before we finalise and then start the process,” Thakur said, adding that “it is imminent now, so we are just awaiting the final notification, so it should happen in the next few months for sure”. In September 2025, the markets regulator had recommended reducing the minimum dilution in IPOs to as low as 2.5% for companies with a post issue market capitalisation above INR 50,000 Cr. Under the recommendations, companies with market capitalisation of over INR 5 Lakh Cr would be required to have a minimum public offer (MPO) of INR 15,000… Read MoreInc42 Media
