Reliance unveils India's biggest IPO plan as Jio Platforms files DRHP
Mumbai: Jio Platforms (JPL) - the telecom, digital and technology arm of Mukesh Ambani-led Reliance Industries - filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India on Friday, for what's expected to be India's largest-ever public issue.Bankers indicated the initial public offering (IPO) size is likely to be a record $4 billion (₹37,000 crore). The National Stock Exchange has just filed its DRHP for an IPO that is expected to raise ₹30,000 crore ($3.2 bi…
