Jio Platforms
Mukesh Ambani is pictured with Jio Platforms as the digital services company prepares for a possible stock market listing. The company’s shares could list by the end of October, according to sources cited in the report. Its reported valuation is between $143 billion and $146 billion, or more than ₹12 lakh crore.
Proposed valuation and issue size
Jio Platforms’ reported valuation range is $143 billion to $146 billion. The figure is also described as more than ₹12 lakh crore. The company’s proposed IPO, by comparison, could be about $3.8 billion. These are separate measures: the valuation refers to the company, while the proposed IPO figure is the size of the share offering.
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If the proposed issue proceeds at that size, it could become India’s biggest IPO to date. The report presents that outcome conditionally, rather than as a completed listing or a final issue size. The valuation and proposed offering are reported figures; the listing is expected by the end of October. Jio Platforms is identified as a major company in the digital services sector. More information about the company is available on Wikipedia’s Jio Platforms page.
Investor roadshows completed overseas
Jio Platforms has completed roadshows with investors in the United States, the United Kingdom, Dubai, Hong Kong and Singapore. These meetings took place across five overseas markets. The roadshows precede the reported next step in the IPO process: filing the final offer documents with the Securities and Exchange Board of India (SEBI).
- Reported valuation: $143 billion to $146 billion, or more than ₹12 lakh crore
- Proposed IPO size: about $3.8 billion
- Potential listing: by the end of October
- Possible SEBI filing: during the week starting 12 October
- Roadshows completed in the United States, the United Kingdom, Dubai, Hong Kong and Singapore
Final documents expected in October
Sources cited in the report say the company may submit its final IPO documents to SEBI during the week starting 12 October. That filing is presented as the next step after the investor roadshows. The expected filing week and possible listing period are different milestones: the documents may go to the regulator in the week beginning 12 October, while the shares could list by October-end.
The expected timetable places the potential listing within the same month as the planned filing. The report gives no confirmed listing date in its stated timeline, so the end-of-October listing remains a possibility. The proposed $3.8 billion IPO would rank as India’s largest only if it goes ahead at that scale; the valuation range remains $143 billion to $146 billion.
