Jio Platforms may soon file its DRHP for IPO. The issue could be India’s largest IPO with investors selling stakes and strong growth expectations.
Reliance Jio may soon file its IPO papers with SEBI. The issue could be India’s biggest IPO, with existing investors likely to sell part of their stake.
Reliance Industries’ digital arm, Jio Platforms, is likely to take a big step towards its IPO soon. As per reports, the company may file its Draft Red Herring Prospectus (DRHP) with SEBI in the next few days.
This IPO is expected to be one of the biggest in India’s history. The public issue will mainly be an Offer for Sale (OFS), which means existing investors will sell a part of their shares instead of the company raising fresh funds.
Reports suggest that Jio is already in talks with more than a dozen foreign investors who may reduce their stake in the IPO. In terms of valuation, analysts have earlier estimated Jio Platforms to be worth between $136 billion to $180 billion, making it a very large IPO opportunity for investors.
The company is planning to launch the IPO in the first half of 2026, and it is expected to attract strong interest from both domestic and global investors.
Reliance Chairman Mukesh Ambani has also indicated that Jio’s future growth plans are ambitious, which could make this IPO an attractive investment opportunity.
Overall, the Jio Platforms IPO is one of the most awaited public issues in India and could set new records in the stock market.