Jio files for ipo, may surpass nse's as india's biggest public offering
Mumbai/New delhi, June 20 -- Jio Platforms Ltd, the digital arm of Reliance Industries, on Friday filed its draft red herring prospectus with markets regulator Sebi to raise around Rs.35,000 crore in what could be India's largest-ever initial public offering (IPO), surpassing the proposed Rs.30,000-crore National Stock Exchange issue.
The company also plans to build its own satellite constellation for India while aiming to migrate its entire subscriber base to 5G by 2030.P14...
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