Reliance may file for Jio IPO in May: Report

Reliance Industries is likely to file draft papers for the much-awaited IPO of Jio Platforms in May, which includes full-year FY26 financials, according to a Bloomberg report. The Mukesh Ambani-led conglomerate had earlier planned to submit the draft red herring prospectus by the end of March, using nine-month financials till December.

However, the timeline was pushed back due to a broader market slowdown triggered by geopolitical tensions linked to the Iran conflict, the report said. The people cited requested anonymity as the discussions are private.