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Jio Platforms gets Sebi nod to launch IPO
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....io Platforms gets Sebi nod to launch IPO<BR>Corp. Laws / SEBI / IBC<BR>Dated:- 28-8-2026<BR>PTI<BR>New Delhi, Aug 28 (PTI) Jio Platforms Ltd, the digital services division of Reliance Industries, has ....
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....received Sebi approval to float an initial public offering that could raise around USD 4 billion (approximately Rs 37,700 crore), making it potentially the largest public issue in the country. Jio ....
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....Platforms had filed its draft papers with the markets regulator in June for the proposed public issue. According to an update with the market regulator, Jio Platforms obtained Sebi's final observat....
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....ions on August 28. Sebi's observation is a key step in the initial public offering (IPO) process, after which a company can proceed with further preparations for the public issue, subject to applic....
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....able regulatory requirements. According to the Draft Red Herring Prospectus (DRHP), the company will offer up to 27 crore fresh equity shares. The issue will account for around 2.9 per cent of the ....
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....company's total equity base post-issue. The approval paves the way for Jio Platforms to proceed with its much-anticipated public offering, which will be closely watched by investors and the broader....
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.... market. PTI SP BAL BAL BAL BAL =============<BR> News - Press release - PIB....