Reliance Jios upcoming IPO aims to raise approximately $3 billion. The company intends to allocate Rs 27,500 crore to prepay debt, strengthening its balance sheet for future investments in 6G, artificial intelligence, broadband, and digital services expansion.

As India's biggest telco looks to push AI goals

Reliance Jio Infocomm is reportedly days away from filing draft papers for its $4 billion IPO, potentially before Mukesh Ambani's AGM address. This offering aims to be one of…

Reliance Jio Infocomm is reportedly close to filing draft papers for its long-awaited $4 billion initial public offering (IPO). According to a report by Financial Times, released…

Reliance Chairman Mukesh Ambani announced that Jio's draft IPO papers will be filed with Sebi later today, marking a major milestone in the telecom giant's listing journey.…

Listing will see fresh issue of 270m shares as company targets AI

Mukesh Ambani announced that the board of Jio Platforms has approved its IPO documents, with the filing set to be submitted to SEBI today. The much-anticipated Jio IPO is expected…

Reliance Jio has filed its draft red herring prospectus with Sebi for an IPO, planning to issue 27 crore shares. The company intends to use all IPO proceeds to repay debt, with…

Mukesh Ambani's Reliance Jio Platforms is set for a significant Mumbai listing, aiming to raise approximately $3.8 billion. This move could mark India's largest initial public…