Jio IPO filed: 10 crucial things investors must know about Ambani's $3 billion plan

Jio Platforms filed its DRHP with Sebi for a mega IPO targeting around $3 billion (Rs 27,500 crore) through a fresh issue of up to 27 crore shares, potentially making it India's largest listing ever, surpassing Hyundai Motor India. Proceeds will primarily be used for prepaying Reliance Jio Infocomm's borrowings and general corporate purposes. Jio reported FY26 consolidated net profit of Rs 30,064 crore, up 15% year-on-year, on revenue of about Rs 1.47 lakh crore, with a 49.95% wireless broadband market share.