Easing of IPO rules likely to pave way for a Reliance Jio listing: Citi

Sebi may ease IPO rules for mega companies. This could help Reliance Jio’s stock market debut. New rules could lower the required share float. Citi believes this reduces market supply concerns. Jio may only need a 2.5% float. Reliance’s annual meeting is on August 29. Investors await Jio listing updates. The move aims to prevent market flooding and price drops.

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