Jio Platforms board clears DRHP for ~$4 Bn IPO with fresh issue of 27 Cr shares
Reliance's Jio Platforms approved a draft red herring prospectus for a ~$4 Bn IPO, comprising a fresh issue of up to 27 Cr equity shares at ₹10 face value. Filing goes to SEBI, BSE and NSE, with listing targeted in H1 2026 — set to be one of India's largest digital-era IPOs.
Jio Platforms board approved DRHP for a roughly $4 Bn IPO comprising a fresh issue of up to 27 Cr equity shares (face value ₹10), to be filed with SEBI, BSE and NSE, targeting H1 2026 listing.
Why this matters
Builds on Jio Platforms' DRHP filing with SEBI and signals Reliance's pivot to AI as a growth engine, unlocking a major capital event for its digital and retail ecosystem.
Retail-company signals steady at 3,201 over the past 90 days.