Reliance arm Jio Platforms approves DRHP for proposed IPO
Mumbai, June 19 -- The proposed IPO will comprise a fresh issue of up to 27 crore equity shares with a face value of Rs 10 each. The issue price will be determined through the book-building process in accordance with SEBI regulations.
Jio Platforms' board approved the DRHP at its meeting held on 19 June 2026. The company plans to file the draft offer document with the Securities and Exchange Board of India (SEBI), BSE and the National Stock Exchange of India (NSE).
Reliance Industries said the proposed IPO remains subject to receipt of the necessary regulatory approvals.
Jio Platforms is the digital services arm of Reliance Industries and houses businesses across telecom, digital platforms and technology services.
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