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 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.

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…

Jio Platforms Limited has received SEBI approval for its proposed initial public offering (IPO).

Jio Platforms secures SEBI approval for a ₹37,700 crore IPO, boosting investor confidence with strong cash flows and debt repayment plans.

MUMBAI: Jio Platforms, the digital arm of Mukesh Ambani's Reliance Industries, has secured Sebi clearance for an initial public offering (IPO) expected to raise up to $4 billion,…