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Reliance Industries subsidiary Jio Platforms filed its red herring prospectus on October 14, 2026, for an initial public offering. The IPO comprises a fresh issue of up to 270,000,000 equity shares with a face value of Rs. 10 each. Subscription opens October 21, 2026, and closes October 23, 2026. * Anchor investor bidd
Reliance Industries filed the prospectus for its subsidiary Jio Platforms' initial public offering with Gujarat's Registrar of Companies in Ahmedabad. The IPO is scheduled to open for subscription on October 21.
Jio Platforms, India's largest wireless operator and digital service provider, has filed draft IPO papers. Reliance Industries owns a little over a 66% stake in Jio Platforms, while Google and Meta hold less than 10% each. Jio Platforms and NSE are expected to be some of the biggest IPOs to hit the Indian market. Billi