Reliance’s Jio Platforms Files DRHP for Landmark IPO

$RELIANCE stries Chairman Mukesh Ambani announced that Jio Platforms has filed its Draft Red Herring Prospectus (DRHP) with SEBI, marking a major milestone for India’s digital economy. The proposed IPO involves a fresh issue of up to 27 crore equity shares. Ambani described the moment as “deeply emotional” for the Reliance family and millions of shareholders, positioning the listing as the start of the “next generation of value creation.” He emphasised that Jio’s journey will prove India can build technology companies of global scale, capability, and value. The move is expected to strengthen Jio’s position in telecom, digital services, AI, and satellite connectivity, unlocking significant growth opportunities