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Beauty parade in full swing for Jio IPO
Business Standard
|October 29, 2025
Call on lead bankers, size by year-end
Reliance Industries (RIL), now in the middle of a beauty parade for selecting bankers for the up coming Jio Platforms IPO (initial public offering) during the first half of 2026, is looking at the end of this calendar to finalise the top financial team that will manage the listing and provide advisory services through the process.
A decision on merchant bankers — expected to be multiple in numbers — as well as on the size of the IPO of the telecom behemoth is likely by the end of December, sources said. Because of the year-end holiday season in many parts of the world, it could spill over to early January.
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