Jio Platforms bucks a long-running IPO trend (opens original article in a new tab)
Jio Platforms' proposed IPO focuses on prepaying borrowings rather than shareholder exits, differing from India's long-standing IPO trend of using offers for sale (OFS).
- Jio Platforms plans to issue 270 million equity shares to prepay borrowings of its subsidiary, Reliance Jio Infocomm.
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