Jio Platforms files DRHP for ₹30,000-40,000 cr fresh-issue IPO at up to $180B valuation
Reliance's digital arm filed for a 100% fresh-issue IPO of up to 27 crore shares, targeting $100-180B valuation. ₹27,500 cr earmarked for Jio Infocomm debt repayment; balance funds AI and cloud buildout. FY26 revenue ₹1.47 lakh cr (+15%), net profit ₹30,049 cr (+15%).
Jio Platforms filed DRHP with SEBI for a 100% fresh-issue IPO of up to 27 crore shares, targeting Rs 30,000-40,000 crore at $100-180 billion valuation. Rs 27,500 crore earmarked for Jio Infocomm debt repayment; rest for AI and cloud.
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- Entrackr — Same time