Jio Platforms board greenlights IPO: fresh issue of up to 27 crore shares, DRHP eyed June 2026
Reliance Industries' board has approved a Jio Platforms IPO structured as a fresh issue of up to 27 crore equity shares at Rs 10 face value. With 524 million subscribers backing it, the DRHP filing slated for June 19, 2026 sets up what could be among India's largest-ever public offerings.
Reliance Industries' board approved Jio Platforms' IPO as a fresh issue of up to 27 crore equity shares (Rs 10 face value). DRHP to be filed with SEBI on June 19, 2026; expected to be among India's largest IPOs.
Why this matters
Confirms RIL's long-anticipated Jio Platforms listing path, following board clearance of the DRHP and earmarking of proceeds for debt repayment and corporate purposes.
Retail-company activity steady with 3,317 signals tracked over the last 90 days.