Jio Platforms lines up 19 bankers for IPO, second-highest ever for an Indian issue
Reliance-owned Jio Platforms has mandated 19 book running lead managers for its upcoming IPO — the second-largest syndicate ever assembled for an Indian offering. The unusually wide bench signals a mega-cap listing with sweeping institutional and retail distribution ambitions.
Jio Platforms has appointed 19 book running lead managers for its upcoming IPO, the second-highest count ever for an Indian issue, signalling the massive anticipated scale of the Reliance-owned digital and telecom unit's offering.
Why this matters
Builds on Jio Platforms' board clearing the DRHP and the SEBI filing scheduled for June 19, 2026, with up to 27 crore fresh shares. The 19-banker bench underscores the scale and ambition of the listing.
Retail-company activity steady at 3,317 signals over the last 90 days.