Reliance Slows $4B Jio IPO Amid Iran War Fallout, Valuation Concerns

Mukesh Ambani's Jio Platforms IPO, set to be India's largest at $4 billion, has hit roadblocks as Reliance pauses preparations citing Iran war volatility and valuation gaps. Filing still planned but timeline uncertain; structure shifted to fresh shares only.

Reliance Industries slows Jio Platforms' $4B IPO, citing Iran war volatility and valuation gaps; filing still planned, timeline uncertain.

NDTV Profit · 5/21/2026, 7:02:38 AM · Ask about this →

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