India, Oct. 15 -- Jio Platforms proposed Rs.30,213-crore issue, which can potentially be India's largest ever, the IPO of Jio Platforms has set the record over the previous one of Hyundai Motor India worth Rs.27,859 crores in 2024. But the important thing is that all these shares are new shares and hence the money will not go to any of the existing stockholders but to the company only.

Expected to take place from October 21 to 23, 2026, the money is needed for decreasing the borrowings of Reliance Jio Infocomm, the subsidiary of Jio Platforms. This proposed valuation is of about Rs.10.3 lakh crore in terms of the higher price band.

For investors, the central question is whether Jio's strong earnings, massive customer base and digital am...