Jio Platforms Files DRHP for 100% Fresh Issue Public Listing

1 Oct 2026, 6:58 pm · 9h ago · 1 min read · YourStory

Stage

IPO

Reliance Industries subsidiary Jio Platforms Limited has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its initial public offering. The proposed listing comprises a 100% fresh issue of up to 27 crore equity shares with a face value of ₹10 each, with no offer-for-sale component from existing shareholders. The entire proceeds will be directed toward capital expansion across Jio's digital connectivity, broadband, cloud, and artificial intelligence verticals. The company plans to list its equity shares on both the National Stock Exchange and the Bombay Stock Exchange.