Tag: Jio Platforms IPO

The Jio Platforms IPO is likely to an even split of new shares and those offloaded by existing private-equity shareholders. (Bloomberg)
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Morgan Stanley, Goldman Sachs said to lead India’s biggest IPO| Business News

Jio Platforms Ltd. is said to have chosen Morgan Stanley and Goldman Sachs to lead its blockbuster IPO that would peg the valuation of India’s…

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Jio Platforms IPO is the most highly anticipated IPO of 2026. (Bloomberg)
Posted in Business

Jio Platforms said to consider 2.5% stake sale in biggest India IPO| Business News

Jio Platforms Ltd. plans to offload shares equivalent to 2.5% stake in its IPO planned for 2026, a move that could make it the country’s…

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Reliance Industries, led by Chairman Mukesh Ambani, is informally speaking with banks to prepare the Jio Platforms IPO DRHP, which they plan to file with SEBI as soon as possible. (PTI)
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Reliance Industries is said to begin work on DRHP for Jio Platforms IPO| Business News

Reliance Industries Ltd. is said to have started working on an initial draft red-herring prospectus for the Jio Platforms IPO, in what is expected to…

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Mobile sim card packets for Jio Platforms Ltd., a unit of Reliance Industries Ltd., in Mumbai, India, on Saturday, April 20, 2024. (Bloomberg)
Posted in Business

Jio Platforms IPO valuation seen at a record $170 billion by investment bankers| Business News

Investment bankers are proposing a valuation of as much as $170 billion for Jio Platforms Ltd., according to people familiar with the matter, ahead of…

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