VERIFIEDET Markets·6 Oct 2026neutral

Ambani’s Jio said to seek about Rs 11 lakh crore valuation in IPO

AI Summary

·Jio Platforms is reportedly seeking a valuation of approximately Rs 11 lakh crore for its planned IPO.
·This valuation is lower than earlier estimates of up to $170 billion.
·The IPO could launch the week of October 19 and list before October 30.