Jio Platforms to file DRHP within days for ~$4B IPO at $150-180B valuation
Reliance Jio Platforms is set to file its draft prospectus within days for a roughly $4 billion (Rs 38,000 crore) IPO — poised to be India's largest listing — ahead of the June 19 AGM. Backed by 524.4M subscribers and Q4 revenue of Rs 38,259 crore.
Reliance Jio Platforms is set to file DRHP within days for a ~$4 billion IPO, likely a fresh issue, poised to become India's largest-ever listing ahead of Reliance's June 19 AGM, unlocking value in consumer-facing businesses.