NSE, Reliance Jio Line Up Record IPOs as India's Mega-Listing Pipeline Swells
NSE has filed draft papers for a $3.3 billion IPO while Reliance Jio prepares a $4 billion offering at a $180 billion valuation, poised to dethrone Hyundai Motor India's 278.7 billion rupee listing as India's largest ever. Recent mega IPOs include LIC (205bn), Paytm (183bn), Tata Capital (155bn) and LG Electronics India (116bn).
What happened
NSE files draft papers for $3.3 billion IPO alongside Reliance Jio's expected $4 billion offering, set to become India's largest ever. Recap of prior mega IPOs
Key facts
- $3.3 billion NSE IPO
- $4 billion Jio IPO
- $180 billion Jio valuation
- 278.7 billion rupees Hyundai
- 205 billion rupees LIC
- 183 billion rupees Paytm
- 155 billion rupees Tata Capital
- 116 billion rupees LG
Why this matters
Record-breaking Indian IPOs are setting new valuation benchmarks across retail, telecom, and financial services, reshaping comparables for any India-focused M&A or partnership thesis.