Friday, 28 August 2026 · World
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EUROS The World Financial Report
Nº 48 Friday, 28 August 2026 · World Edition
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Jio IPO soon! RIL's telecom arm gets Sebi nod for Rs 37,700 crore offering

Markets-Economic Times · 1h ago · 🇮🇳 India
Jio IPO soon! RIL's telecom arm gets Sebi nod for Rs 37,700 crore offering

Jio Platforms has received Sebi approval for its proposed Rs 37,700 crore IPO, bringing Reliance Industries’ much-awaited listing closer. The issue could value Jio at nearly Rs 9.5 trillion and become India’s largest IPO. The company plans to use Rs 27,500 crore of proceeds to repay borrowings of Reliance Jio Infocomm.

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