Jio Platforms board approves mega IPO; RIL to file DRHP with SEBI on June 19, 2026

Reliance's Jio Platforms cleared a fresh issue of up to 27 crore equity shares at Rs 10 face value, setting up what could be among India's largest IPOs. The digital arm, serving 524 million subscribers, anchors RIL's consumer-tech stack alongside Reliance Retail.

— Filed Sat, 20 Jun, 2026, 01:18 IST · Source Moneycontrol · Results · Updated

Reliance's Jio Platforms board approved IPO with fresh issue of up to 27 crore equity shares at Rs 10 face value. RIL to file DRHP with SEBI on June 19, 2026. Expected to be among India's largest IPOs.

Why this matters

Follows Jio Platforms' DRHP filing with SEBI, where Rs 27,500 cr of IPO proceeds were earmarked for debt repayment, and the lining up of 19 bankers, the second-highest syndicate on record.

Retail-company activity steady with 3,314 signals in the last 90 days.

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