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Today's Brief/Saturday, 20 June 2026/🚀 Business & Startups
🚀 Business & Startups🇮🇳 India

Jio Files IPO Papers With SEBI — And Existing Investors Aren't Selling a Single Share

mint - companies·Saturday, 20 June 2026
Jio Files IPO Papers With SEBI — And Existing Investors Aren't Selling a Single Share

Jio Platforms filed its draft red herring prospectus (DRHP) with SEBI on June 19 for a fully fresh issue IPO. Existing shareholders — including Meta, Google, sovereign wealth funds, and private equity investors — are not offloading any stock. The potential offer size is reported at around ₹35,000 crore.

Why It Matters

This is one of the most anticipated IPOs in Indian market history. If you invest in Indian stocks or follow big tech, this directly affects you.

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