Jio Platforms files DRHP for ₹33,000-38,000 cr IPO at ₹12-15 lakh cr valuation — India's largest
Jio Platforms has filed its DRHP for what could be India's biggest-ever listing, with a ₹33,000-38,000 crore issue at a ₹12-15 lakh crore valuation. ₹27,500 crore is earmarked for debt repayment against ₹71,529 crore borrowings. Reliance retains 66.43%; capital recycling here directly shapes funding capacity for the group's retail arm.
Jio Platforms filed DRHP for what could be India's largest IPO, raising ₹33,000-38,000 crore at a ₹12-15 lakh crore valuation. Parent Reliance's capital flows from this listing directly affect retail-arm funding capacity.
Also reported by
- The Hindu BusinessLine — Same time