Wednesday, 21 October, 2026
Ambani's Jio Platforms Launches Record $3.2 Billion IPO
By TechShots Studio
Jio Platforms, the digital and telecom arm of Mukesh Ambani's Reliance Industries, opened public bidding for its landmark $3.2 billion initial public offering—India’s largest share sale to date. Valuation for the company could reach up to $108.3 billion. Strong institutional demand preceded the public opening, with anchor investors submitting over $25 billion in bids, roughly 30 times the available allocation.