Reliance Jio IPO: DRHP filed with Sebi to raise around $3 billion (opens original article in a new tab)

Jio Platforms filed its IPO DRHP with Sebi, planning to use proceeds for debt repayment and corporate purposes.

• Jio Platforms filed its draft red herring prospectus with Sebi for an IPO.
• The IPO includes a fresh issue of 27 crore shares to investors.
• Proceeds from the IPO will be used to repay debt and for general corporate purposes.