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Jio Platforms to begin investor marketing for potential $4B November IPO

Reliance’s Jio Platforms plans to begin global investor outreach next week for a potential November IPO. India’s largest wireless carrier could raise up to $4 billion through 270 million new shares, with proceeds partly earmarked for debt repayment.

Jio Platforms' potential IPO: proceeds, new shares and equity dilution
Potential IPO proceeds
Up to $4 billion
New shares in the potential IPO
Up to 270 million new shares
Equity dilution
About 2.9%

Newer report , , Business Today : Jio Platforms targets Rs 11 lakh crore IPO valuation; October listing likely

Reported figures

From the report. Source details below

NSE IPO expected to raise about $3 billion

Also in the report

  • About 2.9% equity dilution
  • November targeted IPO

The source

Source Read the source at CNBC-TV18

Published

Confirmed by Business Today

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