Reliance Group’s digital arm Jio Platforms can launch India’s biggest IPO this year. According to reports, the company is considering selling about 2.5% of its stake and is preparing IPO documents i.e. prospectus with Morgan Stanley and Kotak Mahindra Bank. It is estimated that the IPO size could be $4 billion+, from which Jio Platforms can raise around $4.5 billion. Some analysts believe that the total valuation of the company could be between $200–240 billion. The listing will also get support from the new rules of SEBI. In the last six years, Jio has expanded rapidly in telecom, digital services, technology and AI.