Reliance Jios proposed Rs 37,700-crore IPO has received Sebi approval, bringing the much-awaited listing closer. While the offering could value Jio Platforms at nearly Rs 9.5 lakh crore, its DRHP flags several risks, including spectrum challenges, intense competition, high capital expenditure, vendor dependence, infrastructure concentration and cybersecurity threats.

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 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,…