Diwali offer for RIL shareholders! Reliance Jio sets aside Rs 2,500 crore shares in IPO reservation

Reliance Jio, a subsidiary of Reliance Industries, has filed its red herring prospectus for an IPO of up to 27 crore equity shares, setting the stage for India’s largest-ever public issue. The IPO is expected to open on October 21, 2026, with anchor investor bidding beginning on October 19.