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Jio Platform gets Sebi's nod for Rs 37,000 crore IPO
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 a minor equity stake. A portion of the raised funds will help in offsetting loans for Reliance Jio Infocomm.
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economictimes.indiatimes.com
Jio IPO soon! RIL's telecom arm gets Sebi nod for Rs 37,700 crore offering
Jio Platforms had filed its Draft Red Herring Prospectus (DRHP) with SEBI on June 19, setting the stage for what is expected to be one of India's biggest public offerings.
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theprint.in
Jio Platforms gets Sebi nod to launch IPO
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…
