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Jio's monster IPO may trump NSE's

Mint New Delhi

|

June 20, 2026

Co to sell 270 million shares, may raise around ₹35,000 cr

- Jatin Grover & Agnidev Bhattacharya

The stage is set for what promises to be India’s biggest public share sale, with Jio Platforms Ltd filing draft papers for its long-awaited initial public offering (IPO).

On Friday, the digital arm of Reliance Industries Ltd filed the draft red herring prospectus (DRHP) to sell 270 million fresh equity shares, while all existing investors, including parent Reliance Industries Ltd as well as marquee names like Meta and Google will hold on to their shares.

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