Jio Platforms files for India’s largest-ever IPO, with nearly $3 billion earmarked for debt repayment
Jio Platforms, the digital and telecom arm of Mukesh Ambani’s Reliance Industries, filed its draft red herring prospectus with India’s securities regulator on Friday for what would be the country’s largest initial public offering. The filing covers a fresh issue of up to 270 million shares, with no offer-for-sale component, meaning every rupee raised flows […]<br /> This story continues at The Next Web [...]
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