Jio Vs Bharti Airtel: Who wins the telecom war ahead of India’s biggest ever IPO?
Jio Platforms is set for the biggest ever IPO in India’s primary market history. The company has officially filed its DRHP minutes after the 49th Annual General Meeting. According to the Draft Red Herring Prospectus (DRHP), the company plans to issue up to 27 crore equity shares with a face value of Rs 10 each.
Addressing shareholders in the AGM, Mukesh Ambani said the board of Jio Platforms has approved the DRHP and described the moment as “deeply emotional,” coming as the company marks ten years since its 2016 launch.
