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Jio's $3.8 Billion Public Offer Moves Closer After Global Investor Roadshows

News Snapshot:

Jio Platforms is putting the finishing touches to documents for its proposed initial public offering, which could become India’s largest IPO at an estimated $3.8 billion, according to a report by PTI. The company has completed the first phase of its IPO process after conducting investor roadshows across the US, UK, Dubai, Singapore and Hong Kong. The overseas meetings were led by Jio Platforms Managing Director and Reliance Jio Chairman Akash Ambani, along with Reliance Retail Ventures Executive Director Isha Ambani.The digital services arm of Reliance Industries received approval from the Securities and Exchange Board of India (Sebi) last month…

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