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Ambani’s Jio seeks to raise $3.2B in what could be India’s biggest IPO

Jio Platforms, under Mukesh Ambani's Reliance Industries, is set to raise $3.2 billion in what could be India's biggest IPO. With shares priced between ₹1,065 and ₹1,119, the IPO opens on October 21 and closes on October 23, aiming to reduc...

TechCrunch· Oct 14, 2026 · 10:54 PM · 1 views

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Jio Platforms, under Mukesh Ambani's Reliance Industries, is set to raise $3.2 billion in what could be India's biggest IPO. With shares priced between ₹1,065 and ₹1,119, the IPO opens on October 21 and closes on October 23, aiming to reduce debt and bolster its telecom operations.

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#news #breaking #Jio #IPO #Reliance #India #telecom #business

Originally reported by TechCrunch. Read the full story →

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