The Securities and Alternate Board of India (Sebi) has given the inexperienced sign to Jio Platforms’ preliminary public providing (IPO), clearing the best way for Mukesh Ambani-led Reliance Industries’ telecom arm to proceed with its fresh-issue IPO.
The supply, filed on June 19, acquired an statement letter from Sebi on Friday, with Kotak Mahindra Capital Firm because the lead supervisor.
In response to the draft purple herring prospectus (DRHP), the IPO will comprise a recent situation of as much as 270 million shares with a face worth of ₹10 every. The ultimate situation worth shall be decided by means of the book-building course of.
This week, the market regulator has additionally given the go-ahead for the IPOs of Paras Healthcare, Pushp Model India, M Ok Sons Advantageous Jewels, Sadbhav Futuretech, and Bharat PET, and the pre-filing of Paramotor Digital Know-how.
First Revealed: Aug 28 2026 | 4:39 PM IST
