Reliance Jio's defining act: What the 2026 IPO means for RIL shareholders after Rs 4.5 lakh crore rally

Reliance Industries shareholders anticipate the much-awaited Jio IPO in H1 2026, potentially India's largest listing, aiming to unlock significant value. After a substantial rally driven by telecom, retail, and refining, the IPO could further boost RIL's market capitalization, though a holding company discount remains a consideration.