Jio Platforms to launch $3.8 billion IPO on October 21, set to be India’s biggest listing: Report
Jio Platforms Ltd, the digital services arm of Reliance Industries, plans to launch its initial public offering (IPO) on October 21, seeking to raise about $3.8 billion in what is set to be India’s biggest listing, Reuters reported, citing sources.
The proposed issue is set to surpass Hyundai Motor India’s $2.9 billion listing in 2024, while the National Stock Exchange of India made its market debut last month after a $2.3 billion IPO.
