Jio Platforms Aims for ₹37,700-Crore IPO, Valued at ₹9.5 Trillion
Jio Platforms’ DRHP filing sets the stage for India’s largest-ever IPO, targeting ₹37,700 crore at a nearly ₹9.5 trillion valuation. The fresh issue will dilute only 2.5–2.9% and largely retire debt at subsidiary Reliance Jio Infocomm, reshaping the market depth for mega-cap tech offerings.