Jio Platforms IPO: Morgan Stanley, Goldman Sachs said to lead India’s biggest IPO
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 largest telecom operatort at $133-182 billion.
The digital unit of Reliance Industries Ltd. is ready to file IPO papers once India’s finance ministry clears a SEBI proposal to allow 2.5% public float for mega IPOs, The Economic Times reported on Tuesday citing people familiar with the matter.
