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Bankers see Jio valuation at $170 bn ahead of IPO
Financial Express Mumbai
|November 07, 2025
INVESTMENT BANKERS ARE proposing a valuation of as much as $170 billion for Jio Platforms, according to people familiar with the matter, ahead of what could be a record-breaking initial public offering for Reliance Industries’s wireless carrier.
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A valuation that size would place Jio among the biggest two or three companies in India by market capitalisation, ahead of fellow telecom firm Bharti
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