Jio Platforms to benefit from Sebi rule cutting minimum IPO size

Mumbai: The Securities and Exchange Board of India’s updated listing rules are likely to benefit Reliance Industries’ digital unit Jio Platforms, which is proposing an IPO in early 2026, according to a Citi research report.

One of the key changes approved by Sebi reduces the minimum IPO size for companies with a market cap of over $57 billion to 2.5% from 5%. It also extended the deadline for meeting the 25% minimum public shareholding requirement.