Reliance Jio has filed its draft red herring prospectus with Sebi for an IPO, planning to issue 27 crore shares. The company intends to use all IPO proceeds to repay debt, with remaining funds allocated for general corporate purposes. Mukesh Ambani stated the listing will unlock significant investor value.
Jio Platforms has filed its draft red herring prospectus (DRHP) with Sebi for an IPO, intending to issue 27 crore shares. The company plans to utilize all IPO proceeds primarily to prepay debt, with any remaining funds allocated for general corporate purposes. Mukesh Ambani…
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