Goa, June 19 -- Billionaire businessman Mukesh Ambani-led Jio Platforms has filed draft papers for its much-anticipated initial public offering (IPO), marking a major milestone for India's largest telecom and digital services company.

According to an exchange filing on Friday, the IPO will involve the issuance of up to 270 million shares. The listing is expected to be one of the biggest public offerings in Indian market history and could further strengthen India's position in the global technology sector.

Speaking at the annual general meeting of Reliance Industries, Ambani said the proposed listing would showcase India's ability to build technology companies with global scale, capability and value.

Jio Platforms is majority-owned by R...