Jio Platforms could raise as much as $4 billion

Jun 19, 2026

02:57 pm

What's the storyReliance Industries Chairman and Managing Director Mukesh D. Ambani, the largest shareholder of the group, has announced the filing of the Draft Red Herring Prospectus (DRHP) for Jio Platforms' Initial Public Offering (IPO).

The document will be submitted to market regulator SEBI later today. Jio Platforms IPO could be worth as much as $4 billion.