Bankers said to see Reliance’s Jio value as high as $170 billion

Investment bankers are proposing a valuation of up to $170 billion for Jio Platforms Ltd., potentially leading to a record-breaking IPO for Reliance Industries’ wireless carrier. This valuation would position Jio among India’s top companies, with the listing expected in the first half of 2026. Revised listing regulations may impact the total funds raised.