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DEEPAK PAL

29th Aug · SEBI-Registered Analyst

BIG IPO UPDATE---->Jio IPO Gets SEBI Nod!

ig development for India's IPO market: Jio Platforms has received SEBI's final observations for its proposed IPO, taking the much-awaited listing one step closer. The IPO could raise around ₹37,700 crore ($3.8 billion), which would make it potentially the largest IPO in India's history, surpassing Hyundai Motor India's record issue. ----->Why Is This IPO So Important? Jio Platforms is not just a telecom company. Its business ecosystem includes: • Telecom • 5G • Digital services • Cloud • AI • Enterprise services Jio had more than 533 million subscribers, making it one of the world's largest telecom operators. ###Where Will the IPO Money Go? According to the draft prospectus, the majority of the proceeds are planned to be used to repay or prepay around ₹27,500 crore of borrowings of Reliance Jio Infocomm. The remaining amount will be used for general corporate purposes. $$ RECENT RESULTS Jio Platforms reported: FY26 Revenue: ₹1.47 lakh crore FY26 PAT: ₹30,053 crore Profit increased around 15% YoY. The IPO will also give public-market investors a chance to value Jio's digital and telecom business separately, rather than only through Reliance Industries. ## FOCUS STOCKS

RELIANCE
BHARTIARTL INDUSTOWER IDEA ------>Bottom Line Jio IPO has cleared a major hurdle. Now the countdown begins. A potential ₹37,700 crore issue could become India's biggest-ever IPO and one of the most closely watched listings in the country's history.

#FundamentalViews#StockInNews#WatchOutFor#IPO#TrendingSectors
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