Jio Platforms files DRHP for 270M-share IPO at $136B–$180B valuation

Jio Platforms has filed a Draft Red Herring Prospectus (DRHP) with India’s markets regulator SEBI for a fresh issue of up to 270 million shares, with valuation estimates ranging from $136B to $180B. The deal could eclipse every prior Indian IPO on record.