Reliance Jio plans $4 billion IPO, largest in India
pre-market1 source ↓written by the desknot a recommendation
- filed
- $4 billion IPO
- boasts
- 500 million customers
Reliance Jio has filed for a $4 billion IPO, which could become India's largest ever. The company, launched just a decade ago, boasts over 500 million customers. This listing aims to showcase India's capability to build globally competitive technology firms. The board has approved plans to issue up to 270 million new shares.
Not investment advice. For informational purposes only.