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Jio Platforms finalises documents for estimated $3.8 billion IPO

Jio Platforms is finalising documents for an estimated USD 3.8 billion IPO after completing global investor roadshows, according to a source. The offering could value the company at about USD 137 billion, with proceeds primarily earmarked to repay Reliance Jio Infocomm borrowings.

Jio Platforms IPO estimated at USD 3.8 billion, valuing it at about USD 137 billion
Estimated Jio Platforms IPO size
USD 3.8 billion
Potential Jio Platforms valuation
about USD 137 billion
Share of post-issue equity base
about 2.9 per cent
Reliance Jio Infocomm outstanding borrowings
about ₹27,500 crore

Newer report , , Mint : Reliance urges its 419,911 staff to back $3.2 billion Jio Platforms IPO, releasing October salaries about 15 days early

Reported figures

From the report. Source details below

Fresh equity shares planned: up to 27 crore
Share of post-issue equity base: about 2.9 per cent
Reliance Jio Infocomm outstanding borrowings: about Rs 27,500 crore
FY26 Jio Platforms revenue: Rs 1,46,885 crore
FY26 Jio Platforms profit after tax: Rs 30,053 crore
Sebi final observations date: August 28

The source

Source Read the source at Business Standard

Published

Confirmed by Mint, Moneycontrol

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