Can Reliance Jio’s fresh-issue play restore faith in India’s billion-dollar IPOs?

After a string of mega listings that left investors underwhelmed, Reliance Industries may be preparing a different playbook for the public debut of Jio Platforms, one that analysts say could reshape how India’s biggest IPOs are priced and perceived. According to an earlier ET report, Reliance is reworking Jio Platforms’ proposed listing structure from an offer for sale (OFS) to a fully fresh issue, after differences emerged with existing investors over pricing and valuation expectations.