Jio Platforms files red herring prospectus for India’s biggest public issue

Jio Platforms files red herring prospectus for India’s biggest public issue.

IPO aims to raise ₹30,213 crore, including a fresh sale of up to 270 million equity shares.

Proceeds will be used to prepay significant borrowings at Reliance Jio Infocomm.

Eligible shareholders of Reliance Industries can apply for shares.