Jio IPO Moves Closer as DRHP Filed, SEBI Clears Listing Path
Reliance Jio has taken a major step toward a long-anticipated public listing after filing its draft red herring prospectus and securing the regulatory pathway from the Securities and Exchange Board of India. The proposed offering is expected to include a Rs 37,700-crore fresh issue, with the final price band and subscription schedule likely to be announced soon.
