Reliance Board Clears Jio Platforms DRHP; SEBI Filing Today Sets Up India's Largest IPO
Reliance board approved Jio Platforms' DRHP for SEBI filing June 19, with a fresh issue of up to 27 crore shares. Analysts peg valuation at $130-180 billion, positioning it as India's largest-ever IPO. Parent-level capital event with read-throughs for Reliance Retail's own listing trajectory.
Reliance board approved DRHP for Jio Platforms IPO, to be filed with SEBI June 19. Fresh issue of up to 27 crore shares; analysts peg valuation at $130-180 billion, potentially India's largest IPO. Parent-level capital event impacting Reliance Retail surface.