Reliance Jio prepares for India's largest stock offering
Mukesh Ambani's Jio Platforms is preparing for a Mumbai listing that could be India's largest IPO. The firm is valued at 180 billion dollars and backed by Meta.
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Reliance Jio Platforms, a subsidiary of RELIANCE INDUSTRIES LTD, is advancing plans to file for a public listing in Mumbai, marking what is expected to be the largest stock offering in the history of India. The company serves as the digital umbrella for the world’s second-largest telecommunications operator by user base, positioned only behind CHINA MOBILE LTD-H based in China.
