Reliance Jio Infocomm expects to file draft papers for its initial public offering within days, according to the Financial Times. The filing may occur before Chairman Mukesh Ambani's annual shareholder address on Friday, June 19.
The IPO aims to raise approximately $4 billion. This debut could become one of the largest stock market listings in Indian history.
Ambani previously signaled an intention to list the telecom unit by the first half of 2026. The offering serves Reliance's broader strategy to unlock value from its various business verticals.