Jio Platform gets Sebi's nod for Rs 37,000 crore IPO
Jio Platforms has gained Sebi's green light for its anticipated initial public offering, which is projected to garner between $3.5 and $4 billion.
This marks Reliance Industries' first IPO in almost 20 years.
The firm intends to issue new equity shares, albeit only representing a minor equity stake.
A portion of the raised funds will help in offsetting loans for Reliance Jio Infocomm.
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