Jio Platforms, Reliance Industries' digital arm, has filed for India's largest-ever public issue, aiming to raise a record $4 billion. This IPO, the first from RIL in nearly two decades, will see a fresh issue of shares to fund strategic priorities like 5G expansion and debt reduction. The offering could value Jio Platforms at a staggering $138 billion, positioning it as a major player in the Indian market.

Reliance Jio and the National Stock Exchange are poised to file draft IPO papers this week, targeting a combined fundraising of approximately $6 billion. Jio's expected $4 billion…

Reliance Industries faces investor pressure over its delayed Jio Platforms IPO, which could raise $4 billion and rank as India's largest public offering.

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

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…