India, Sept. 11 -- In the last decade, Jio has evolved from mobile connectivity to a broadband, digital service, entering into a major consumer ecosystem.

That expansion has shifted the scale of the business and investor perception. Jio Platforms has now filed its Draft Red Herring Prospectus with SEBI proposing a new issue of 27 crore equity shares. As of 24 August 2026, the IPO is yet to take shape, with the price band, subscription dates and listing date yet to be announced.

Jio's business growth and financial performance, with final terms to come, is a useful point to understand what the IPO could mean for investors.

Jio Platforms is the digital-services holding company of Reliance Industries, with Reliance Jio Infocomm (RJIL) as i...