New Delhi, Aug. 28 -- Jio Platforms Limited has received SEBI approval for its proposed initial public offering (IPO).

With the nod of India's market regulator, Jio Platforms Limited has crossed a key regulatory milestone for its proposed initial public offering.

In its "processing status of draft offer documents" for Jio Platforms Ltd, SEBI said "observations issued during the week on August 28, 2026".

The National Stock Exchange's official offer-document portal also earlier showed the status of Jio Platforms' Draft Red Herring Prospectus (DRHP), filed on June 19, as "approved."

According to the DRHP filed by the company, Jio Platforms plans a fresh issue of up to 27 crore equity shares of face value Rs 10 each. There is no offer-for...