Jio Platforms files DRHP for ~Rs 30,000 cr IPO, India's largest; signals capital reset across Reliance group

RIL board cleared Jio Platforms' DRHP for SEBI filing Friday — fresh issue of 27 cr shares targeting ~Rs 30,000 cr. With 524 mn subscribers and 55% 5G traffic share, the listing reshapes group capital allocation and frees parent bandwidth for Reliance Retail's next funding cycle.

— Source publishedFri, 19 Jun, 2026, 14:40 IST·First seen Fri, 19 Jun, 2026, 14:41 IST·Source Indian Express · Business

What happened

RIL board cleared Jio Platforms' DRHP, to be filed with SEBI Friday. Fresh issue of 27 crore shares, estimated to raise ~Rs 30,000 crore — potentially India's

Key facts

  • 27 crore equity shares
  • Rs 30,000 crore (estimated)
  • 524 million subscribers
  • 268 million 5G subscribers
  • 55% 5G traffic share

Why this matters

A liquid Jio Platforms reshapes Reliance group capital allocation, opening optionality for retail-side fundraises, partner JVs, and bolt-on M&A as parent treasury rebalances.

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