Reliance Slows $4B Jio IPO as Middle East War, Valuation Gaps Stall India's Largest Listing

RIL has paused preparations for Jio Platforms' $4 billion IPO—poised to be India's largest—amid US-Iran war fallout, market volatility, and valuation friction versus Bharti Airtel. Gulf investor board approvals are also proving difficult, pushing the timeline beyond the near-term window.

RIL has paused preparations for Jio Platforms' $4 billion IPO—poised to be India's largest—amid US-Iran war fallout, market volatility, and valuation friction v

Mint · Markets · 5/21/2026, 6:06:58 AM · Ask about this →

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