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MINT - MARKETS · INDIAN ·

Jio Platforms bucks a long-running IPO trend

As reported by mint - markets
Jio Platforms' proposed IPO stands out for channelling a larger share of proceeds into business growth rather than shareholder exits.
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Jio Platforms' proposed IPO sets a new precedent by allocating a larger share of its proceeds directly into business growth. Unlike typical market trends where IPO funds often facilitate existing shareholder exits, this move underscores a strong commitment to future expansion…

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