Jio Platforms Gets SEBI Nod For IPO

The company plans to issue up to 27 crore fresh equity shares, equivalent to about 2.9% of its post-issue equity base, according to its draft prospectus. The offering could value Jio Platforms at about $137 billion, people familiar with the matter said.

Jio Platforms has gained Sebi's green light for its anticipated initial public offering, which is projected to garner between $3.5 and $4 billion. This marks Reliance Industries' first IPO in almost 20 years. The firm intends to issue new equity shares, albeit only representing…

Jio Platforms received Sebi clearance for its initial public offering. The company aims to raise up to four billion dollars in this debut. This offering is expected to become India's largest stock market listing. Jio plans a pure primary issue, with proceeds retiring debt.…

The company plans to issue up to 27 crore fresh equity shares, equivalent to about 2.9 per cent of its post-issue equity base, according to its draft prospectus.

Reliance Industries’ (RIL) digital and telecom services arm Jio Platforms has received SEBI’s approval for its proposed IPO, moving closer…

Jio Platforms has received Sebi approval for its proposed Rs 37,700 crore IPO, bringing Reliance Industries’ much-awaited listing closer. The issue could value Jio at nearly Rs 9.5 trillion and become India’s largest IPO. The company plans to use Rs 27,500 crore of proceeds to…

New Delhi, Aug 28 (PTI) Jio Platforms Ltd, the digital services division of Reliance Industries, has received Sebi approval to float an initial public offering that could raise around USD 4 billion (approximately Rs 37,700 crore), making it potentially the largest public issue…