New Delhi: Billionaire Mukesh Ambani-led Reliance Industries is preparing for what could be the biggest IPO in India’s history. According to the reports Reliance Industries is considering taking the companys telecom unit Jio Infocomm public. The conglomerate is looking to raise Rs 52200 crore (around USD 6 billion) by selling a 5 percent stake in the company as per the Bloomberg report. Considering the IPO size this listing could not only eclipse all previous domestic IPO records but also it will be one of the largest global public offerings of the year. It is important to note that the plan is still in its initial stage. The company is holding informal talks with SEBI to secure regulatory approval as per the report. Now as the Jio IPO is in the spotlight many might be wondering which has been the biggest IPO in India so far. Here are some of the key details: Reliance Industries is considering taking the companys telecom unit Jio Infocomm public. This listing could not only eclipse all previous domestic IPO records but also it will be one of the largest global public offerings of the year. Earlier it was LIC’s public offering but in 2024 Hyundai Motor India took the lead with its Rs 28000 crore IPO Currently Hyundai Motor India holds the largest on record. Jio’s mega IPO plan could soon make history by becoming the biggest IPO India has ever seen. RIL seeks 25 percent float from SEBI Reliance Industries Limited (RIL) has begun informal discussions with capital markets regulator SEBI as per the Bloomberg report. The company is seeking an exemption from the existing rule that requires companies to maintain a minimum public shareholding of 25 percent. The company has reportedly conveyed concerns that the domestic market may not have sufficient depth to absorb a higher float prompting the request for a waiver. While the IPO could hit the markets as early as next year according to the report the company has not made any official announcement yet.