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Business

Jio Platform gets Sebi's nod for Rs 37,000 crore IPO

The Economic Times · 29 August 2026 at 9:28 am

Jio Platforms has gained Sebi's green light for its anticipated initial public offering, which is projected to garner between $3.5 and $4 billion.

This marks Reliance Industries' first IPO in almost 20 years.

The firm intends to issue new equity shares, albeit only representing a minor equity stake.

A portion of the raised funds will help in offsetting loans for Reliance Jio Infocomm.

Read the full article on The Economic Times ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.

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