Economy

Jio Platforms to Launch India's Largest IPO on October 21

Hindustan Times1h
THE BRIEF
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Jio Platforms Ltd is set to launch its initial public offering on October 21, marking the largest listing in India's corporate history.

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The company is reportedly seeking a valuation of 10.3 trillion rupees, or approximately $108.25 billion, following its growth under chairman Akash Ambani.

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Jio serves over 52 crore customers and is currently prioritizing investments in homegrown satellite technology, cloud services, and pre-6G connectivity solutions.