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MUMBAI, June 19, 2026, 22:44 (IST) Jio Platforms on Friday filed draft papers with the Securities and Exchange Board of India for an offering of up to 270 million new shares, kicking off the formal IPO process. Reuters, citing three people familiar with the situation, said the deal could bring in about ₹360 billion ($3.81 billion), making it the biggest IPO in Indian history. (Securities and Exchange Board of India) Jio’s draft red herring prospectus doesn’t set a price, valuation, or IPO date. That gap is front and center as the company tries to get a stand-alone value for Reliance’s

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