Jio Platforms

Jio Platforms seeks up to $3.2 billion in what could be India's biggest IPO

Jio Platforms has set a price band of ₹1,065 to ₹1,119 a share for an offering of up to 270 million new shares, targeting as much as $3.2 billion in what would be India's largest listing to date. Most of the proceeds are earmarked for debt repayment as the Reliance unit pushes beyond telecom.