Times of India · DistrictNews · 2026-08-28
Jio Platforms gets Sebi nod for $3.8bn IPO, potentially India’s biggest listing
Jio Platforms secured Sebi approval for its substantial $3.8 billion initial public offering. This significant approval paves the way for India's potentially largest stock market listing. The company plans to offer new shares, raising approximately $4 billion for its operations. Proceeds will primarily be used to reduce debt at its telecom unit, Reliance Jio Infocomm. This listing occurs amidst a strong revival in India's primary market activity. Jio Platforms, the digital services arm of Mukesh Ambani-led Reliance Industries, has received approval from the Securities and Exchange Board of India (Sebi) for its proposed $3.8 billion initial public offering, paving the way for what could become India’s biggest listing. Jio Platforms gets Sebi nod for $3.8bn IPO, potentially India’s biggest listing
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