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Jio IPO Will Be a Fresh Issue Only — Big Shareholders Aren't Selling

mint - companies·Saturday, 20 June 2026
Jio IPO Will Be a Fresh Issue Only — Big Shareholders Aren't Selling

Jio Platforms' proposed IPO, potentially worth ₹35,000 crore, will be a fully fresh issue. Existing investors — including Meta, Google, sovereign wealth funds, and private equity firms — are not selling their stakes. Mukesh Ambani is also holding on.

Why It Matters

A Jio listing would be one of India's biggest IPOs ever, and the fact that no major investor is cashing out sends a strong signal about long-term confidence in the company.

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