Jio Platforms files DRHP for IPO with 27 crore fresh share issue

Reliance's Jio Platforms has filed draft papers with SEBI for its much-anticipated IPO, comprising only a fresh issue of 27 crore shares. Up to Rs 27,500 crore of proceeds will prepay Reliance Jio Infocomm borrowings. RIL holds 66.43%; Meta and Google together hold 17.71%. First major Ambani-group listing in nearly two decades.

— Source publishedFri, 19 Jun, 2026, 16:07 IST·First seen Fri, 19 Jun, 2026, 16:59 IST·Source NDTV Profit

What happened

Jio Platforms filed DRHP with SEBI for an IPO of 27 crore fresh shares, with up to Rs 27,500 crore earmarked to prepay Reliance Jio Infocomm borrowings. First

Key facts

  • 27 crore shares
  • 66.43% RIL stake
  • 17.71% Meta+Google
  • Rs 27,500 crore prepayment

Why this matters

First Ambani-group listing in two decades sets a benchmark valuation for telecom-digital assets and could trigger comparable carve-outs across Indian conglomerates.