Jio Platforms files DRHP for ~$4 Bn IPO with 27 Cr fresh share issue

Reliance's Jio Platforms board has approved its DRHP and filed IPO papers with SEBI, comprising a fresh issue of up to 27 Cr equity shares at ₹10 face value. The listing, targeted for H1 2026, is poised to be one of India's largest at roughly $4 Bn.

— Source publishedFri, 19 Jun, 2026, 14:27 IST·First seen Fri, 19 Jun, 2026, 14:41 IST·Source Inc42

What happened

Reliance's Jio Platforms board approved its DRHP, filing IPO papers with SEBI for a fresh issue of up to 27 Cr equity shares at ₹10 face value, targeting a

Key facts

  • 27 Cr equity shares
  • ₹10 face value
  • $4 Bn IPO

Why this matters

Jio's public-market debut sharpens its currency for partnerships and acquisitions in commerce, ads, and fintech, making it both a more formidable competitor and a more bankable JV counterparty for retail dealmakers.

Also reported by