Post by YourStory Media

Reliance Industries Limited has unveiled the DRHP for Jio Platforms Limited (JPL)' IPO, marking a major milestone in the digital giant’s growth journey. The proposed IPO will comprise a fresh issue of up to 27 crore equity shares with a face value of ₹10 each. Announced at RIL’s 49th AGM, the listing is expected to be led by the next generation of the Ambani family — Isha, Akash and Anant Ambani. Mukesh Ambani said the IPO would showcase India’s ability to build technology companies of global scale and value. Jio is now focusing on expanding 5G adoption, scaling JioAirFiber, embedding AI across services, and taking its indigenous technology stack to international markets. #Jio #JioPlatforms #IPO #RelianceIndustries #MukeshAmbani #IndianStartups #TechNews