JIO IPO UPDATE SEBI has cleared Reliance-backed Jio Platforms’… — Beat The Street IPO

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🚨 JIO IPO UPDATE

SEBI has cleared Reliance-backed Jio Platforms’ ₹37,700 Cr IPO, which could value the company at around ₹9.5 lakh Cr.

• Fresh issue of up to 27 Cr shares
• No OFS
• ₹27,500 Cr to repay RJIL borrowings
• 35%+ reserved for retail investors
• Up to 50% for QIBs

Jio’s telecom business had 524.4 Mn customers as of March 2026.

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If launched at this size, Jio could make history as India’s largest-ever IPO.

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