Monday, 5 October 2026Updated 10m ago
IPO● Neutral for Indian equities

Jio Platforms plans $3.8 billion IPO for October 21

3 sources · first seen 13:23 5 Oct · updated 15:43 5 Oct

The brief

Written from 3 reports · check the source before you trade
  • IPO proceeds will largely repay debt owed by Jio’s telecoms division
  • Jio also operates AI, cloud and enterprise businesses

Tags on this story

Pick a tag to see all its stories
Part of a developing story7 updates over 5 days

Jio Platforms' proposed IPO

Jio Platforms filed its DRHP with SEBI after clearing a regulatory hurdle, with a proposed fresh issue of 27 crore shares. Reports estimate a $3.8 billion offering and a valuation of $143–146 billion; sources say the IPO is planned for October 21.

Read the reports

3 reports · earliest 13:23
ReutersAmbani's Jio Platforms plans to launch IPO on October 21, sources say13:23Business LineMukesh Ambani’s Jio Platforms plans $3.8 billion IPO on October 2114:12Times of IndiaJio plans to launch IPO on October 21: Listing, face value and key details15:43